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Debt Restructuring News

Debt Restructuring


Puerto Rico Governor Ricardo Rossello addresses the audience while presenting the U.S. territory's $9.6 billion budget for fiscal 2018 at the .....
San Juan, Puerto Rico • The leader of debt-swamped Puerto Rico says the U.S. island's development bank has entered into a deal with creditors...
The Oversight Board filed tittle III of PROMESA in the Island, but it could be heard in a different venue
"Puerto Rico's debt restructuring agency, AAFAF, regrettably has broken the Commonwealth's decade-old promise not to impair its first...
The Puerto Rican $70 billion dollar debt crisis is tragic, has led to massive levels of unemployment (almost half of the population of the island...
The entity will not go to Court yet, since it is negotiating with several creditors
(CNN) The perils of progressive policies are on full display in Puerto Rico. On the brink of economic collapse, bankruptcy proceedings began ...
Republicans in Congress maintain a low profile over territorial bankruptcy
Aware of this activity, the senator moved forward to vote for the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) ...
Hedge funds holding Puerto Rico bonds sued the U.S. government, the first time creditors have tried to put federal taxpayers on the hook for losses...
The Governor will introduce his proposal tomorrow at the House of Representatives, as part of his speech on the Island’s situation
Law360, New York (May 22, 2017, 6:51 PM EDT) -- The number of entities engaged in Puerto Rico's restructuring doubled over the weekend to four...
Benchmark Puerto Rico general obligation bonds traded higher on Wednesday in the wake of the USA territory's filing for a form of bankruptcy .....
By Karen Pierog and Daniel Bases CHICAGO, May 1 (Reuters) - Benchmark Puerto Rico general obligation bonds rose on Monday, bolstered by ...
Nobel economy laureate warns that the fiscal proposal will worsen the crisis