S&P Global Ratings said it lowered its issuer credit rating on the senior unsecured debt of the Government Development Bank for Puerto Rico (GDB) to D (default) from CC. At the same time, it affirmed ...

The scenario of insolvency currently engulfing the Government Development Bank (GDB) —a reflection of the fiscal crisis and notorious governmental negligence that contributed to the fiasco in public ...

GDB Circular, a subsidiary of GDB International, serves as the lead investor, with General Mills and Schwan’s Co. among additional investors. GBD Circular, a subsidiary of GDB International, is the ...

Plastics have been core to GDB International’s business since its founding in 1993. However, the company, headquartered in New Brunswick, New Jersey, recently has taken steps to go from collecting, ...