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Debt Restructuring News

Debt Restructuring


The Resident Commissioner assures that she seeks a good-faith agreement for PREPA's restructuring plan...
Bond insurers for Puerto Rico's debt are seeking a court order that would allow them to crack open the books for the broke U.S. territory,...
Members of the Fiscal Oversight Board are divided over the future of the PREPA while politicians in Washington and business people push for and...
Judge Laura Taylor Swain will preside over the government’s debt restructuring cases
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...
It's a standard observation about debts that cannot be repaid that they will not be repaid. Puerto Rico cannot repay the debts that it has...
(Adds detail from letter, background on Puerto Rico crisis) By Nick BrownNEW YORK, March 31 (Reuters) - Puerto Rico has scheduled mediation for ...
Puerto Rico Governor Ricardo Rossello addresses the audience while presenting the U.S. territory's $9.6 billion budget for fiscal 2018 at the .....
Despite its bankruptcy filing, Puerto Rico (PZA) (PWZ) has the option to negotiate with its creditors outside the court. It could go through a...
Puerto Rico, which is saddled with $74 billion in debt, filed for what could be the biggest local government bankruptcy by far in US history. The...
Puerto Rico's power utility has clinched a new deal to restructure nearly $9B of debt, saving one of the rare agreements the island has been...
Sources say there are questions about the Government’s assumptions and foresee changes
The entity will not go to Court yet, since it is negotiating with several creditors
OLDWICK, N.J.--(Business Wire)--Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have managed ...
Dozens of creditors petition in the courts to annul the fiscal plan and halt the Government’s legislative and budgetary powers