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Debt Restructuring News

Debt Restructuring


Assured Guaranty, led by CEO Dominic Frederico, is among Puerto Rico creditors who say the plan illegally pays other expenditures before debt.
Law360, New York (August 24, 2017, 6:17 PM EDT) -- Unsecured creditors blasted a decision by the judge overseeing Puerto Rico's ongoing ...
Puerto Rico began Wednesday a process similar to filing for bankruptcy in order to restructure its massive US$73 billion dollar debt in the midst of...
SAN JUAN, Puerto Rico – A federal judge overseeing the restructuring of Puerto Rico's debt has created a mediation team to help resolve the U.S...
A man dressed as Spider-Man walks past a burning barricade in San Juan, Puerto Rico, May 1, to protest the government's austerity measures in...
Former chairman of the House Committee on Treasury believes the Board will reject the plan
The destruction in Puerto Rico caused by Hurricane Maria will exacerbate the economic problems facing the deeply-indebted Caribbean island.
WASHINGTON, June 20, 2017 /PRNewswire-USNewswire/ -- Today the Ad Hoc Group of Puerto Rico General Obligation Bondholders and its advisor, ...
Puerto Ricans protest looming austerity measures in San Juan on Monday, two days before the island's governor announced it was seeking ...
Sales tax creditors kick off likely wave of lawsuits against Puerto Rico ... The complaint, filed in federal court in San Juan, accuses Puerto Rico...
The Puerto Rico Electric Power Authority (PREPA) has agreed to a new debt deal with its creditors, but the U.S. territory is still teetering on the...
I own $200,000 of the last issue of Commonwealth GOs. I expected the Commonwealth to default on some debt because the amount of principal and...
The federal entity files the historical petition in the Federal Court
Puerto Rico shares a story similar to Greece's (GREK) in terms of its dismal economic performance and exacerbated debt issues. With its rising...
SAN JUAN, Puerto Rico — Puerto Rico's governor turned to the courts Wednesday to protect the US territory from its crushing $73 billion debt in...