SECURITY

RATING

OUTSTANDING (MLNS)

EXPECTED RECOVERY VALUE

General Obligation

Caa3

$18,566.0

65-80%

Sales-Tax senior

Caa3

$6,244.0

65-80%

Sales-Tax junior

Ca

$9,000.0

35-65%

Industrial Development Company general purpose revenue bonds

Caa3

$176.9

65-80%

Aqueduct & Sewer Authority 

Caa3

$3,852.5

65-80%

Municipal Finance Authority

Ca

$781.2

35-65%

Electric Power Authority

Caa3

$9,054.2

65-80%

University of PR system revenue bonds

Ca

$470.8

35-65%

University of PR educational facilities revenue bonds

Ca

$68.7

35-65%

appropriation-backed debt

  Ca  

$1,165.5

35-65%

Government Development Bank notes

  Ca  

$5,137.3

35-65%

Highway & Transportation Authority senior debt

  Ca  

$4,418.5

35-65%

Highway & Transportation Authority subordinate debt

  Ca  

$298.5

35-65%

Infrastructure Finance Authority

  Ca  

$1,889.3

35-65%

Pension bonds

  Ca  

$2,948.0

35-65%

Convention Center District Authority

  Ca  

$408.5

35-65%