Spanish Empire

Ambac Assurance Endorses Plans Providing for Consensual Resolution of its Puerto Rico Exposures

Retrieved on: 
Wednesday, July 28, 2021
Banking, Professional services, Finance, Ambac, Spanish Empire, Ambac, PUERTO RICO, Countries, Philippine Basketball Association, Islands

AAC today also joined a plan support agreement (the GO/PBA PSA) related to general obligation (GO) bonds issued by the Commonwealth of Puerto Rico and bonds issued by the Puerto Rico Public Buildings Authority (PBA).

Key Points: 
  • AAC today also joined a plan support agreement (the GO/PBA PSA) related to general obligation (GO) bonds issued by the Commonwealth of Puerto Rico and bonds issued by the Puerto Rico Public Buildings Authority (PBA).
  • Claude LeBlanc, President and Chief Executive Officer, stated, With our agreement on PRIFA and joining the standing PSAs on HTA, CCDA, GO and PBA, Ambac is positioned to resolve all of our remaining Puerto Rico exposures.
  • Ambac Financial Group, Inc. (Ambac or AFG), headquartered in New York City, is a financial services holding company.
  • Ambac is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations.

Natalia Denegri Has Been Recognized by Miami’s Mayor Francis X. Suárez for Her Social Work With Children in Vulnerable Communities

Retrieved on: 
Tuesday, July 27, 2021
Fund Raising, Foundation, Other Philanthropy, Philanthropy, Spanish Empire, New Spain, PUERTO RICO, Countries, Puerto, Islands

The humanitarian work of actress, producer and entrepreneur Natalia Denegri can be described as a way of life.

Key Points: 
  • The humanitarian work of actress, producer and entrepreneur Natalia Denegri can be described as a way of life.
  • Now, the 17-times Emmy Award winner and longtime resident of Florida has been honored by the city of Miami for her work in solidarity with underserved communities.
  • During the pandemic, she worked to provide masks, food, water, medicine and medical supplies in the US, Venezuela, Colombia, Puerto Rico, Cuba and Argentina.
  • Through Corazones Guerreros she brought clear, calm messaging and information in a fun way for Latino kids living in the US.

Puerto Rico Police Association Launches Affordable Consumer Lending Platform for First Responders

Retrieved on: 
Tuesday, July 27, 2021
Finance, Banking, Professional services, State, Local, Public policy, Government, Spanish Empire, Countries, Consumer Financial Protection Bureau, Corporate crime, PUERTO RICO, Economy, Police Members Association of Puerto Rico, Celeres Capital Advisors, Medalist Partners, POLICE MEMBERS ASSOCIATION OF PUERTO RICO, CELERES CAPITAL ADVISORS, MEDALIST PARTNERS

The Puerto Rico Police Members Association (AMPPR), in partnership with Orchid Funding LLC (Orchid), is proud to announce the launch of a new lending program to its members, public employees, and pensioners.

Key Points: 
  • The Puerto Rico Police Members Association (AMPPR), in partnership with Orchid Funding LLC (Orchid), is proud to announce the launch of a new lending program to its members, public employees, and pensioners.
  • The programs principles will ensure each loan is based on Consumer Financial Protection Bureau (CFPB) guidance; which intends that borrowers do not become overburdened and will offer loans at a lower rate than other Puerto Rico lending sources.
  • The program will initially focus on funding AMPPR members, and, over time, be available to most Puerto Rico government/municipal employees and pensioners.
  • In support of this consumer lending platforms launch, AMPPR and Orchid closed a $25 million credit facility with Celeres Capital Advisors LLC, Medalist Partners LP, and co-investors.

Puerto Rico Selects ICF for $13 Million Disaster Recovery Contract

Retrieved on: 
Monday, July 26, 2021
Spanish Empire, Atlantic hurricane season, Countries, New Spain, PUERTO RICO, Emergency management, Disaster recovery, Hurricane Irma, Articles

R3 is a Community Development Block Grant Disaster Recovery (CDBG-DR) assistance program that supports the repair or reconstruction of single-family homes damaged by hurricanes Irma and Maria.

Key Points: 
  • R3 is a Community Development Block Grant Disaster Recovery (CDBG-DR) assistance program that supports the repair or reconstruction of single-family homes damaged by hurricanes Irma and Maria.
  • ICF, one of the largest program managers of Puerto Rico's housing recovery efforts, will continuetoadminister all stages of R3 program implementation, from application through closeout.
  • "Our priority is getting the people of Puerto Rico back into safe, resilient homes," said Andrew H. LaVanway, ICF senior vice president and disaster management lead.
  • Read more about ICF's efforts to helprebuild in Puerto Rico , and its disaster management and climate and resilience services.

Triple-S Management Corporation Schedules Second Quarter 2021 Earnings Release and Conference Call

Retrieved on: 
Thursday, July 22, 2021
Spanish Empire, Triple-S Management Corporation, Countries, PUERTO RICO, Islands

SAN JUAN, Puerto Rico, July 22, 2021 /PRNewswire/ --Triple-S Management Corporation (NYSE: GTS) today announced that it plans to release financial results for the second quarter ended June 30, 2021 before the market opens on Thursday, August 5, 2021.

Key Points: 
  • SAN JUAN, Puerto Rico, July 22, 2021 /PRNewswire/ --Triple-S Management Corporation (NYSE: GTS) today announced that it plans to release financial results for the second quarter ended June 30, 2021 before the market opens on Thursday, August 5, 2021.
  • To participate on the call, please dial1-866-269-4260 or 1-323-347-3277 at least 5 minutes before start time.
  • The conference call will also be simulcast live on the Internet, and can be accessed by logging onto www.triplesmanagement.com .
  • Triple-S Management Corporation, a health services company, is one of the top players in the Puerto Rico healthcare industry, with over 60 years of experience.

Shokworks to Power Metrospaces Joint Venture to Develop High-End Villas in the Dominican Republic

Retrieved on: 
Monday, July 19, 2021
Technology, Other Construction & Property, Residential Building & Real Estate, Other Technology, Construction & Property, Software, Countries, Spanish Empire, Architecture of Italy, Vacation rental, Villa, Dominican Republic

Metrospaces, Inc. (OTC: MSPC), a PropTech company powered by Shokworks , will develop Infinity View Villas nine high-end villas and a 4,000-square-foot home in the Dominican Republic which will be incorporated into its co-living platform, MetroHouse.

Key Points: 
  • Metrospaces, Inc. (OTC: MSPC), a PropTech company powered by Shokworks , will develop Infinity View Villas nine high-end villas and a 4,000-square-foot home in the Dominican Republic which will be incorporated into its co-living platform, MetroHouse.
  • View the full release here: https://www.businesswire.com/news/home/20210719005749/en/
    Metrospaces, Inc. (OTC: MSPC), a PropTech company powered by Shokworks, will develop Infinity View Villas -- nine high-end villas and a 4,000-square-foot home in the Dominican Republic which will be incorporated into its co-living platform, MetroHouse.
  • We cant wait to add these villas to the MetroHouse platform so they can be enjoyed by our core members, said Shokworks CEO Alejandro Laplana.
  • The Dominican Republic is an established destination for high-end digital workers that roam the world to first-class destinations.

Los Pichy Boys Issue Points for Peaceful Rally at The White House on July 17th

Retrieved on: 
Saturday, July 17, 2021
Countries, Spanish Empire, Cuba

Action is being demanded from the White House and the Biden administration directly.

Key Points: 
  • Action is being demanded from the White House and the Biden administration directly.
  • KEY POINTS CENTRAL TO THE MISSION:
    -- Freedom in Cuba is VITAL for the Cuban people, and also for the national security of the United States.
  • -- The regime in Cuba has formed a malignancy well-beyond its borders, such as propping up regimes in Venezuela and Nicaragua.
  • We must seize the moment and help end the brutality in Cuba, said Alex Gonzalez and Maikel Rodriguez, Los Pichy Boys.

MEDIA ADVISORY: Cuban-American Activists & Content Creators Los Pichy Boys in Washington, DC Ahead of Planned Peaceful Rally at White House on July 17th

Retrieved on: 
Friday, July 16, 2021
Countries, Spanish Empire, Cuban, Cuba

WASHINGTON, July 16, 2021 (GLOBE NEWSWIRE) -- Cuban American comedians, activists and content creators Los Pichy Boys are in Washington, DC as of Friday, July 16th ahead of the planned peaceful rally at the White House slated for Saturday, July 17 at 5 PM.

Key Points: 
  • WASHINGTON, July 16, 2021 (GLOBE NEWSWIRE) -- Cuban American comedians, activists and content creators Los Pichy Boys are in Washington, DC as of Friday, July 16th ahead of the planned peaceful rally at the White House slated for Saturday, July 17 at 5 PM.
  • Cubans across the island nation are actively taking to the streets in an unprecedented show of desperation demanding their freedom.
  • For their part, the Cuban-American exile community in Miami has gathered by the thousands in support and calls for action.
  • Cuban artists, politicians and influencers have joined the cause asking for intervention to help the Cuban people across the island.

AM Best Affirms Credit Ratings of La Colonial, S.A. - Compañía de Seguros

Retrieved on: 
Friday, July 9, 2021
Insurance, Professional services, Credit rating agencies, Spanish West Indies, Countries, Finance, Spanish Empire, AM Best, Tewksbury Township, New Jersey, Credit rating, Dominican Republic, Santo Domingo

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of La Colonial, S.A. Compaa de Seguros (La Colonial) (Santo Domingo, Dominican Republic).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of La Colonial, S.A. Compaa de Seguros (La Colonial) (Santo Domingo, Dominican Republic).
  • La Colonial is the fourth-largest insurance company in the Dominican Republic, with a 9.2% market share as of September 2020.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

First BanCorp to Announce 2Q 2021 Results on July 23, 2021

Retrieved on: 
Thursday, July 8, 2021
Banking, Professional services, Finance, Spanish Empire, FirstBank, First Bancorp, First Bank, FBP, New York Stock Exchange, Countries, PUERTO RICO, Islands

First BanCorp (the Corporation) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the second quarter ended June 30, 2021, before the market opens on July 23, 2021.

Key Points: 
  • First BanCorp (the Corporation) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the second quarter ended June 30, 2021, before the market opens on July 23, 2021.
  • First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Friday July 23, 2021.
  • The call and webcast will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporations website: www.1firstbank.com .
  • Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software.