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Debt Restructuring News

Debt Restructuring


NEW YORK A congressional subcommittee on Tuesday urged Puerto Rico Governor Ricardo Rossello to finalize an $8.9 billion debt restructuring at ...
(Bloomberg) Prices of bonds from Puerto Rico's record $3.5 billion municipal junk offering in 2014 are tumbling to fresh lows. The general...
Puerto Rico declared a form of bankruptcy protection this week that puts it in uncharted territory for U.S. governments and municipal finance.
Law360, New York (June 22, 2017, 3:50 PM EDT) -- The board overseeing Puerto Rico's financial restructuring Wednesday united with bondholders .....
The Government has settled on a mediator to “privately” negotiate with bondholders
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...
According to the Fiscal Plan, the Government will not pay the TRANS, and this alternative will not be available starting next fiscal year
The selection comes two days after Puerto Rico Gov. Ricardo Rosselló said the government had officially notified the state's Fiscal Supervision...
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, ...
Puerto Rico COFINA bondholder sues trustee Bank of New York ... payouts on COFINA debt after technical defaults by the Puerto Rican government, ...
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'...
Puerto Rico Governor-Elect Ricardo Rosselló is seeking $900 million to get Puerto Rico through the current fiscal year.
Things are not looking all that great for Puerto Rico right now. The region has suffered from major financial turmoil as of late, and it looks like...
Law360, New York (July 21, 2017, 8:41 PM EDT) -- A group of investors with billions at stake in Puerto Rico public pension bonds has sued the United...
All is not well in Puerto Rico, which has declared a kind of bankruptcy to get out from under an estimated $73 billion in debt. The only problem is,...