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Debt Restructuring News

Debt Restructuring


At this year's Allied Media Conference in Detroit, Michigan, residents of the city and those of Puerto Rico gathered to compare notes on how...
The public corporation steps aside in the lawsuit that seeks to nullify COFINA
(Bloomberg) Prices of bonds from Puerto Rico's record $3.5 billion municipal junk offering in 2014 are tumbling to fresh lows. The general...
The Ad Hoc Group of Puerto Rico General Obligation Bondholders made its request in a letter sent to Sens. Thom Tillis, R-N.C., and Tom Cotton, ...
Puerto Rico declared a form of bankruptcy protection this week that puts it in uncharted territory for U.S. governments and municipal finance.
A group representing University of Puerto Rico faculty has sued the island's cash-strapped government and its federal oversight board over $201...
FGIC, in agreement with other creditors who issued a letter on March 27, believes that Puerto Rico's Fiscal Plan, as certified by the Oversight...
The legal brawl over Puerto Rico's bankruptcy begins this week, and it will be long and ugly. The pain might be worth something if the island...
They rejected the proposal from the Rosselló administration and lashed out against the Fiscal Agency
The unprecedented step to appeal to the federal judicial system to restructure the Puerto Rican public debt
They claim to increase the electricity rates to cover operations and debt, as stated in the bond contract
For the holders of uninsured Puerto Rican debt, the words of Mr. Orwell are strikingly poignant. The first quarter of 2017 has seen continued...
Puerto Rico's federal oversight board is seeking bankruptcy protection for the island's highway authority and public pension. The board...
Bondholders disagree on extending the stay on litigations, while experts deem it unnecessary and premature
In San Juan, Puerto Rico, a federal judge Wednesday held a hearing to begin restructuring the U.S. territory's $74 billion public debt. It'...