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Debt Restructuring News

Debt Restructuring


A man dressed as Spider-Man walks past a burning barricade in San Juan, Puerto Rico May 1, to protest their government's austerity measures in...
The federal entity warns that a general restructuring of the obligations is only achievable in court
They claim that the low management capacity goes against their interests
Federal US court proceedings began May 17 in San Juan on Puerto Rico's $123 billion bankruptcy. New York District Court is handling the...
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...
NEW YORK, April 29 (Reuters) - Puerto Rico's government presented a debt restructuring offer late on Friday that could repay as much as 77...
March 29 (Reuters) - Creditors of Puerto Rico's struggling power authority, PREPA, have presented the island's government with a counter-...
Law360, New York (August 7, 2017, 7:28 PM EDT) -- Hedge fund Aurelius Capital Management, a significant stakeholder in Puerto Rico's historic ...
Big transformations are anticipated for the Department of Economic Development and Commerce of Puerto Rico and the Department of Family Affairs
According to the New York Times (link is external), on Wednesday, Puerto Rico's local government made a move that was months in the making -...
SAN JUAN, Puerto Rico — Uncertainty is spreading across Puerto Rico and the U.S. municipal bond market now that the U.S. territory has taken an ...
The public utility’s RSA were extended to April 13, and the government estimates savings of $2.2 billion due to new terms
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,...
The fiscal plan introduced by Governor Ricardo Rosselló is based on a series of projections that provide more questions than answers