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Debt Restructuring News

Debt Restructuring


The tiff shows the long odds of Puerto Rico meeting the stated goal of securing an agreement to restructure its debt by May 1, when the island risks...
The premises used by the fiscal teams are different and must be clarified to enable a dialogue
It’s asking for an audit that leads to the prosecution of those who indebted Puerto Rico
The destruction in Puerto Rico caused by Hurricane Maria will exacerbate the economic problems facing the deeply-indebted Caribbean island.
Bond insurers Assured Guaranty, Assured Guaranty Municipal and National Public Finance Guarantee filed a challenge to Puerto Rico's certified...
WASHINGTON, June 20, 2017 /PRNewswire-USNewswire/ -- Today the Ad Hoc Group of Puerto Rico General Obligation Bondholders and its advisor, ...
Puerto Rico's Governor Ricardo Rossello addresses the audience during a meeting of the Financial Oversight and Management Board for Puerto Rico...
Puerto Rico's government reversed its stance on a $30 billion debt dispute while hedge funds escalated the continuing legal fight between...
Puerto Rico on Wednesday will face investors for the first time in a bankruptcy court, as it kicks off the biggest and most divisive debt...
By Daniel BasesSAN FRANCISCO, May 5 (Reuters) - Puerto Rico's federally appointed financial oversight and management board on Friday filed for...
The federal entity files the historical petition in the Federal Court
(Bloomberg) -- Puerto Rico bondholders rejected Governor Ricardo Rossello's debt-restructuring proposal days before a May 1 deadline to craft a...
March 28 A congressional subcommittee on Tuesday urged Puerto Rico Governor Ricardo Rossello to finalize an $8.9 billion debt restructuring at the ...
The bankruptcy trustee will submit to judge Laura Taylor Swain a report on the creation of committees in the Title III case
It is the biggest restructuring ever by a local government, far larger than Detroit's. Puerto Rico now owes its creditors a whopping $70 billion...