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Debt Restructuring News

Debt Restructuring


University Rectors submit projections in order to face a lower cutback than the one announced by the Governor
The government failed to include previsions in the fiscal plan in the event courts rule on higher payments for creditors
Puerto Rico has been an exception to the normally reliable muni bond market. Here is what you should know about its debt restructuring process.
MIAMI – The governor of Puerto Rico announced Wednesday that the U.S. territory would seek a form of bankruptcy protection to restructure its $70 ...
Closer to home, though, the board appointed to oversee Puerto Rico's debt restructuring is demanding something even worse: It actually predicted...
Everything will depend on the decisions taken by the bondholders, the Board and the government on the restructuring agreement
(Bloomberg) Prices of bonds from Puerto Rico's record $3.5 billion municipal junk offering in 2014 are tumbling to fresh lows. The general...
Within weeks, Puerto Rico will likely enter bankruptcy proceedings tailored by Congress specifically for the US territory, according to the Jubilee...
Puerto Rico declared a form of bankruptcy protection this week that puts it in uncharted territory for U.S. governments and municipal finance.
Puerto Rico's new governor wasted no time seeking advisers to help the island restructure $70 billion in debt, requesting late on Tuesday that...
A group of eight people wrote to Judge Swain to request their bonds payment and offer solutions to the fiscal crisis
The legal brawl over Puerto Rico's bankruptcy begins this week, and it will be long and ugly. The pain might be worth something if the island...
After the irresponsible practices that led it to this crippling level of debt, the Government of Puerto Rico must be transparent in discharging its...
The unprecedented step to appeal to the federal judicial system to restructure the Puerto Rican public debt
Puerto Rico Governor Ricardo Rossello discusses the country's plan to close a more than $7 billion budget shortfall. He speaks with Bloomberg...