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COFINA PUBLISHES AUDITED FINANCIAL STATEMENTS FOR FISCAL YEAR 2024

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November 11, 2024

Press Release

Annual Report Reinforces COFINA's Commitment to Transparency and Financial Stability

(November 11, 2025 - San Juan, Puerto Rico) - The Puerto Rico Sales Tax Financing Corporation (“COFINA” and/or the “Corporation”) has announced the publication of its Audited Financial Statements for the Fiscal Year ending June 30, 2024. This release highlights COFINA's strong fiscal management and adherence to transparent financial practices, marking the fifth consecutive year of timely publication of its audited statements.

The Fiscal Year 2024 audit reveals a continued trend of fiscal stability and efficiency, with a surplus of $23 million transferred to the Commonwealth of Puerto Rico’s Treasury on September 28, 2024. The statement underscores COFINA’s prudent fiscal stewardship and its capacity to meet all debt service requirements as projected.

COFINA’s Executive Director stated, “Our dedication to financial transparency and operational efficiency is reflected in this report. By publishing our audited financials promptly each year, we maintain our commitment to our bondholders and other stakeholders, reinforcing COFINA's reputation as a reliable entity in the capital markets”.

COFINA remains committed to its mission of supporting Puerto Rico’s economic recovery through sound financial management, transparent reporting, and consistent performance in meeting all debt obligations.

FY 2024 COFINA audited financial statements