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Debt Restructuring News

Debt Restructuring


The scale of Puerto Rico's debt is also unusual: it has about $123 billion in debt and pension obligations. For comparison, Detroit had $18...
Puerto Rico bondholders rejected Gov. Ricardo Rossello's debt-restructuring proposal days before a Monday deadline to craft a deal or face a ...
FAFAA believes they could reach a better agreement, and that they will negotiate with the other bondholders, with or without mediation
Edwin Meléndez martes, 8 de agosto de 2017
Claude LeBlanc, CEO, said, "While our results this quarter were heavily influenced by an increase in reserves related to Puerto Rico, we...
Bondholders disagree on extending the stay on litigations, while experts deem it unnecessary and premature
WASHINGTON, June 20, 2017 /PRNewswire-USNewswire/ -- Today the Ad Hoc Group of Puerto Rico General Obligation Bondholders and its advisor, ...
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 ...
Two republican senators are making calls for account and stress that they believe that the fiscal plan of the government of Puerto Rico contravenes...
It’s asking for an audit that leads to the prosecution of those who indebted Puerto Rico
The hedge-fund fight over Puerto Rico bonds is heating up as two groups of investors accuse each other of wrongdoing.
The federal entity files the historical petition in the Federal Court
Bond insurers Assured Guaranty, Assured Guaranty Municipal and National Public Finance Guarantee filed a challenge to Puerto Rico's certified...
The Bank of New York Mellon Corporation (NYSE:BK) said that, a Puerto Rico creditor is taking legal action against bond trustee Bank of New York ...
Puerto Rico on Wednesday will face investors for the first time in a bankruptcy court, as it kicks off the biggest and most divisive debt...