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Debt Restructuring News

Debt Restructuring


NEW YORK Puerto Rico's benchmark general obligation debt price fell to a record low on Tuesday in light trading as the prospect of a drawn-out...
Puerto Rico on Wednesday filed for a form of bankruptcy protection, bumping aside Detroit for the title of the largest municipal insolvency case in U...
Puerto Rico COFINA bondholder sues trustee Bank of New York ... payouts on COFINA debt after technical defaults by the Puerto Rican government, ...
Puerto Rico Title III bankruptcy judge Laura Taylor Swain rejected lifting the Puerto Rico Electric Power Authority's debt litigation stay to...
Puerto Rico Governor-Elect Ricardo Rosselló is seeking $900 million to get Puerto Rico through the current fiscal year.
Sánchez Sifonte said that the increase in government cash seeks to face the "dramatic" events that are looming
The board took some control away from local government, which has prompted protests from Puerto Ricans, who say the board - which has been ...
Puerto Rico's entry into court protection ends a chaotic period of lawsuits and defaults. But the process likely won't satisfy everyone. A...
Puerto Rico's creditors may be headed to court after the territory's representatives refused to budge from a fiscal plan limiting debt...
Ensuring financial stability, controlling public debt and reducing budget deficits are important tasks. There is also widespread agreement that...
A federal judge in Puerto Rico is holding the first hearing in what's expected to be a lengthy battle over the island's $123 billion debt...
The largest mass shuttering of public schools in Puerto Rico's history follows the island declaring bankruptcy on a record $70 billion debt.
By Nick BrownWASHINGTON, April 26 (Reuters) - An adviser to Puerto Rico Governor Ricardo Rossello said on Wednesday the distressed U.S. ...
March 19 (Reuters) - Puerto Rico´s so-called COFINA bondholders allege that around $3.5 billion of the island´s general obligation (G.O.) debt is ...
A group of hedge funds that owns $3.3 billion of Puerto Rico bonds disclosed in court documents the amount that each of them holds. The disclosure ...