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Debt Restructuring News

Debt Restructuring


Claude LeBlanc, CEO, said, "While our results this quarter were heavily influenced by an increase in reserves related to Puerto Rico, we...
The Coalition asks that the Board, the Legislature and the Governor have a meeting in order to standardize the solutions for the fiscal problems in...
Puerto Rico has asked for a form of bankruptcy protection to help it grapple with more than $70 billion in public-sector debt. The unprecedented ...
NEW YORK, April 29 (Reuters) - Puerto Rico's government presented a debt restructuring offer late on Friday that could repay as much as 77...
The Oversight Board officially opens the path for submitting restructuring cases
FAFAA seeks to extend PREPA’s restructuring support agreement
Puerto Rico's fiscal tug-of-war with pensioners, bondholders, other creditors and its own finances starts a new, uncharted chapter on May 17...
In this July 7, 2017 photo, a monkey stares out from its enclosure at the Dr. Juan A. Rivero Zoo in Mayaguez, Puerto Rico. The economic crisis...
Law360, New York (May 4, 2017, 4:07 PM EDT) -- The insurers of $9 billion of Puerto Rico's $70 billion debt told a federal court Wednesday that...
The public utility’s RSA were extended to April 13, and the government estimates savings of $2.2 billion due to new terms
The fiscal plan introduced by Governor Ricardo Rosselló is based on a series of projections that provide more questions than answers
The debt crisis in Puerto Rico is taking a bite out of education with 178 schools to be closed after the last day of the school year. The closures...
A bid by Puerto Rico's general obligation bondholders to join its official committee of unsecured creditors risks creating a dangerous "fox...
Puerto Rico essentially filed for bankruptcy this week in order to restructure more than $120 billion in debt and pension obligations. With the...
The situation of Puerto Rico's debt continues to develop following the decision by the Puerto Rican government and Financial Oversight .....