Home » Events News » Puerto Rico News » Debt Restructuring » Debt Restructuring News

Debt Restructuring News

Debt Restructuring


Two republican senators are making calls for account and stress that they believe that the fiscal plan of the government of Puerto Rico contravenes...
The government owes millions in refunds while offering minimum estimates to suppliers and legal claims
The hedge-fund fight over Puerto Rico bonds is heating up as two groups of investors accuse each other of wrongdoing.
In a sharply worded letter to the chairman of the Financial Oversight and Management Board of Puerto Rico, Rep. Rob Bishop, R-Utah, said that by ...
Instead, the governor of Puerto Rico, Ricardo Rosselló, petitioned for relief under Title III of a new federal law for insolvent territorial...
The battle over Puerto Rico's bankruptcy filing, the largest ever by a local U.S. government, is expected to be long and bitter, as bondholders...
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's new government tapped law firm Dentons to help it develop a fiscal turnaround plan and lead restructuring negotiations with...
Experts in public finances describe the difficulties that the Island would face against the possible collapse of the local economy
San Juan, Puerto Rico — Puerto Rico's development bank has entered into a deal with financial creditors that would allow it to avoid a lengthy...
Puerto Rico has opted to have its municipal bond debt restructured. We looked at the Wall Street Journal article and saw four firms are major holders...
This week the Commonwealth of Puerto Rico initiated the equivalent of bankruptcy proceedings, seeking protection from creditors owed $74 billion, ...
Puerto Rico's creditors, including some hedge funds known as "vulture funds," are reluctant to settle debts in bankruptcy proceedings...
SAN JUAN — Puerto Rico's government and a group of general obligation bondholders are holding preliminary talks aimed at reaching a deal they ...
As Puerto Rico goes through its bankruptcy process, U.S. Rep. Rob Bishop, R-Utah, chairman of the U.S. House Committee on Natural Resources, ...