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Debt Restructuring News

Debt Restructuring


They tell the Oversight Board to start voluntary negotiations next week
By Karen Pierog and Daniel Bases CHICAGO, May 1 (Reuters) - Benchmark Puerto Rico general obligation bonds rose on Monday, bolstered by ...
MBIA Inc. subsidiary National Public Finance Guarantee Corp., Assured Guaranty Corp., Syncora Guarantee Inc. and a group of Puerto Rico Electric ...
Judge Swain orders to hold Cofina’s creditors money in reserve
Despite its bankruptcy filing, Puerto Rico (PZA) (PWZ) has the option to negotiate with its creditors outside the court. It could go through a...
Assured Guaranty Corp., the biggest municipal bond insurer, formally requested that the Puerto Rico Oversight Board revoke certification of its 10-...
Puerto Rico, which is saddled with $74 billion in debt, filed for what could be the biggest local government bankruptcy by far in US history. The...
The imposition of a fiscal control board on Puerto Rico last year raised hopes that the island's tattered economy might be headed for a...
Activists protested what they called Aurelius Capital Management's support for austerity in Puerto Rico at the hedge fund's New York City...
The U.S. Trustee assigned to the Commonwealth of Puerto Rico case appointed an official committee of unsecured creditors. The following members ...
OLDWICK, N.J.--(Business Wire)--Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have managed ...
They argue Bank of NY Mellon turned a blind eye to alleged violations by the government
Dozens of creditors petition in the courts to annul the fiscal plan and halt the Government’s legislative and budgetary powers
Puerto Rico's "control" board sent a letter to current Governor Alejandro García Padilla and incoming Governor Ricardo Rossello...
Puerto Rico Governor Ricardo Rossello addresses the audience while presenting the U.S. territory's $9.6 billion budget for fiscal 2018 at the ...