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Debt Restructuring News

Debt Restructuring


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...
"Trump should use all the tools at his disposal to help American citizens living in Puerto Rico shed the predatory debt that Goldman Sachs and...
The Resident Commissioner assures that she seeks a good-faith agreement for PREPA's restructuring plan
The entity owes some $17,880 million in main and subordinated bonds
After nearly two years of missed payments and delayed actions, Puerto Rico is bumping up against another deadline as it tries to grapple with tens of...
Puerto Ricans in early 2016 were suffering power outages at rates four to five times higher than average U.S. customers, said the report from the ...
Member of the Congress who promoted the approval of PROMESA strikes against the Board
A federal stay barring Puerto Rico's creditors from taking legal action against the commonwealth and most of its entities for nonpayment of debt...
“Having urgency is crucial,” said Kevyn Orr
Puerto Rico has filed for a bankruptcy-like restructuring of its $70 billion debt, and many analysts are strongly suggesting that it serve as a wake-...
Puerto Rico was placed under court protection on Wednesday in what amounts to the largest-ever U.S. municipal bankruptcy, a stark illustration of the...
About the PREPA issue, the governor indicated that it will continue with its normal operation
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...
OLDWICK, N.J.--(BUSINESS WIRE)--Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have ...