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Debt Restructuring News

Debt Restructuring


Sources say there are questions about the Government’s assumptions and foresee changes
Arriving in Puerto Rico, sounds of the famous “Nuyorican” salsa musician Willie Colon's music blasted through the airport speakers in stores and...
The judge presiding over Puerto Rico's court-supervised restructuring has decided to withhold payment on $17 billion in sales-tax bonds until...
Southern District Judge Laura Taylor Swain has been selected to preside over Puerto Rico's bankruptcy-protection filing, which may lead to the...
The trading prices of Puerto Rico bonds largely account for the losses investors will take when the island restructures its $70 billion debt, said...
The Commonwealth of Puerto Rico is seeking the largest municipal bankruptcy filing in US history, after failed negotiations with creditors over its $...
The Puerto Rico Fiscal Oversight Board is on a tight deadline to draft a recovery plan that will put the island back on its financial feet, avoid...
Puerto Rico Gov. Ricardo Rosselló signed a negotiated debt restructuring deal for the Government Development Bank Thursday, affecting $4.1 billion ...
Law360, New York (June 14, 2017, 8:09 PM EDT) -- A team of five sitting federal judges across several jurisdictions was appointed on Wednesday to ...
Swain filed a “notice of transfer of docket” in the cases on Thursday and announced new bankruptcy case numbers for each of the existing district...
Puerto Rico debt negotiations are going nowhere even though there are just six full days left before a court may take over the $52 billion bond and...
The process called Title III would allow the government to petition a court to cut debt amassed by more than a dozen agencies
The $146 million, which were deposited in a trust fund in February, will be part of the debt renegotiation
The bondholders, a group that includes mutual-fund giants and hedge funds, has offered to lend Puerto Rico $1 billion to pay for urgent repairs and...
WASHINGTON, June 20, 2017 /PRNewswire-HISPANIC PR WIRE/ -- Today the Ad Hoc Group of Puerto Rico General Obligation Bondholders and its ...