AAFAF - Autoridad de Asesoría Financiera y Agencia Fiscal de Puerto Rico

Puerto Rico Industrial Development Company (PRIDCO)

The Puerto Rico Industrial Development Company (“PRIDCO”) is a public corporation of the Government of Puerto Rico created pursuant to Act No. 188 of May 11, 1942, as amended. PRIDCO was created for the purpose of attracting private capital into Puerto Rico to establish trade and industrial operations on the Island.

Learn more about PRIDCO here.

CREDIT RATING DASHBOARD

  • C

    MOODY´S

This issuer is not currently undergoing a debt restructuring under the Title III nor the Title VI of PROMESA.

On June 13, 2019, the Puerto Rico Fiscal Agency and Financial Advisory Authority (“AAFAF”), entered on behalf of the Puerto Rico Industrial Development Company (“PRIDCO”), into a Restructuring Support Agreement (the “RSA”) with holders of over two-thirds of the outstanding PRIDCO revenue bonds (the “PRIDCO Bonds”).  The Parties to the RSA have agreed to undertake a financial restructuring of the PRIDCO Bonds through a Qualifying Modification pursuant to Title VI of the Puerto Rico Oversight, Management, and Economic Stability Act, Pub. L. No. 114–187, 130 Stat. 549 (2016) (“PROMESA”).

For more information, visit EMMA