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Feb 19, 2015
Will Rating Agencies’ Downgrades of Puerto Rico Become Self-Fulfilling Prophecies?
On February 12, Standard & Poor's downgraded many of Puerto Rico's tax-backed General Obligation (GO’s) and COFINA (COrporación del Fondo de INterés Apremiante) Sales Tax bond ratings deeper into “junk bond” territory, where many bond ratings already resided.

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