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Debt Restructuring News

Debt Restructuring


Puerto Rico's "control" board sent a letter to current Governor Alejandro García Padilla and incoming Governor Ricardo Rossello...
Members of the Fiscal Oversight Board are divided over the future of the PREPA while politicians in Washington and business people push for and...
Puerto Rico's financial oversight board filed a debt restructuring petition in federal court Wednesday, the day after several creditors sued...
(Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid invoking...
Puerto Ricans in early 2016 were suffering power outages at rates four to five times higher than average U.S. customers, said the report from the ...
Puerto Rico Governor Ricardo Rossello comments on the country's plan to close a more than $7 billion budget shortfall. He speaks with Bloomberg...
Member of the Congress who promoted the approval of PROMESA strikes against the Board
GOOD NEWS! Puerto Rico has officially gone bankrupt. Now, we don't mean that literally. There is no cause for celebration in the financial...
CHICAGO Benchmark Puerto Rico general obligation bonds rose on Monday, bolstered by promised stopgap federal healthcare spending that would ...
"Trump should use all the tools at his disposal to help American citizens living in Puerto Rico shed the predatory debt that Goldman Sachs and...
The Resident Commissioner assures that she seeks a good-faith agreement for PREPA's restructuring plan...
The entity will not go to Court yet, since it is negotiating with several creditors
Puerto Rico benchmark GO debt price drops to record low ... Puerto Rico's bankruptcy dwarfs the prior record of $18 billion in 2013 that was...
Puerto Rico teetered into insolvency Wednesday as the chronically troubled U.S. territory of 3.4 million citizens buckled under its ever-increasing...
A federal stay barring Puerto Rico's creditors from taking legal action against the commonwealth and most of its entities for nonpayment of debt...