Accelerant has published a guide to the Puerto Rico municipal bond capital structure. The guide covers:
- The largest Puerto Rico issuers;
- Amount outstanding;
- Primary security source;
- Government backing;
- If "local" bonds have been issued;
- Taxation to U.S. and P.R. residents;
- The price on or before June 26, 2015.
To access the guide, please click here.
This guide is designed to help market participants and securities litigators better understand the outstanding debt of the Commonwealth, its agencies, and other issuers.
Chart of Puerto Rico General Obligation Bond (trading at 55.375)
For information about securities expert Jack Duval, click here.
For my previous coverage of the Puerto Rico municipal bond crisis, see this.