Fitch Ratings’ A- Stable Outlook rating of the tax refund & COLA bonds held the title of “The Highest Investment Rating in GovGuam History” for 10 minutes. Standard & Poor’s just informed the Governor’s Office of their ‘A rating with a stable outlook’ for the tax refund & COLA bonds.
“I don’t think there’s any doubt that we’re going to see the tax refunds by Christmas,” Governor Eddie Baza Calvo said. “This is exciting. I’m very happy for the people owed money by this government, who have been waiting too long for their payments. I just ask for a few more weeks of patience as the bonds sell. It won’t be too much longer.”
This story is developing.
Please call Troy Torres at 475-9304 or 486-8887 for more information.

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