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Debt Restructuring News

Debt Restructuring


WASHINGTON, June 20, 2017 /PRNewswire-HISPANIC PR WIRE/ -- Today the Ad Hoc Group of Puerto Rico General Obligation Bondholders and its ...
March 29 Creditors of Puerto Rico's struggling power authority, PREPA, have presented the island's government with a counter-offer to...
Puerto Rico's Government Development Bank (GDB) reached a debt-restructuring agreement with a "significant group" of creditors,...
The late filing of Promesa’s Title III opened the door for the most contentious investors to challenge Puerto Rico in the New York courts
There are even people convicted of government corruption
Amid the current negotiations of the Puerto Rican government with various bondholders, one group, the Puerto Rico Electric Power Authority ...
There is far more at stake for the muni market than just fund exposure to Puerto Rico. Several double-tax-free state muni funds -- popular with...
Jenniffer González says that we should start putting pressure on Congress regarding the moratorium
After Puerto Rico declared a form of bankruptcy May 3, The New York Times used these words to describe the U.S. territory's fiscal woes: “...
Bond investment funds and three bond insurers filed papers Tuesday seeking the appointment of a receiver for the Puerto Rico Electric Power ...
Puerto Rico has until May 1st to restructure $70 billion in debt. Negotiations with the U.S. legislature re-opened Thursday, but there is a growing...
Currently, Puerto Rico has $123 billion in outstanding debt, spread between bonds and unfunded pension liabilities, representing more than 68 per ...
This municipal debt binge has gone unnoticed in the local and U.S. media, with most of the attention going to the financial woes of the Commonwealth...
Puerto Rico teetered into insolvency Wednesday as the chronically troubled US territory of 3.4 million citizens buckled under its ever-increasing...
May 1 Frustrated with the Puerto Rican government, hedge funds and the Control Board tasked with sorting out the island's debt crisis, some...