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Debt Restructuring News

Debt Restructuring


In May, the Governor of Puerto Rico, Ricardo Rosello, filed for a protection 'similar' to bankruptcy hoping to restructure the territory...
With Puerto Rico on the brink of entering an unprecedented bankruptcy, Wall Street firms with billions of dollars on the line are losing hope of...
The trading prices of Puerto Rico bonds largely account for the losses investors will take when the island restructures its $70 billion debt, said...
The Puerto Rico Fiscal Oversight Board is on a tight deadline to draft a recovery plan that will put the island back on its financial feet, avoid...
According to the New York Times (link is external), on Wednesday, Puerto Rico's local government made a move that was months in the making -...
Law360, New York (July 17, 2017, 7:14 PM EDT) -- The federally appointed board overseeing Puerto Rico's landmark financial crisis on Friday ...
SAN JUAN, Puerto Rico — Uncertainty is spreading across Puerto Rico and the U.S. municipal bond market now that the U.S. territory has taken an ...
Puerto Rico debt negotiations are going nowhere even though there are just six full days left before a court may take over the $52 billion bond and...
The $146 million, which were deposited in a trust fund in February, will be part of the debt renegotiation
OLDWICK, N.J.--(BUSINESS WIRE)--Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have ...
Law360, New York (August 3, 2017, 8:56 PM EDT) -- The federally appointed board overseeing Puerto Rico's historic debt restructuring said...
Democrats in Congress and labor unions make calls for an audit and to restructure the public debt of Puerto Rico
The gates to the University of Puerto Rico's main Rio Piedras campus. The school has been shut down by protests for two months. Credit Erika P.
The Puerto Rico Oversight Board approved a plan to cut Puerto Rico Aqueduct and Sewer Authority debt service by 35% through 2026, while ...
WASHINGTON, USA -- On Monday, creditors and insurers representing approximately $12 billion of bonds issued by Puerto Rico and its ...