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Debt Restructuring News

Debt Restructuring


Puerto Rico reached a restructuring agreement with bondholders invested in the commonwealth's Government Development Bank, officials ...
SAN FRANCISCO Puerto Rico's federally appointed financial oversight and management board on Friday filed for Title III bankruptcy protection for...
Puerto Rico continues to struggle with the consequences of irresponsibly running up debt. It owes debtors about $70 billion, and a default on debt ...
The Puerto Rico Oversight Board approved a plan to cut Puerto Rico Aqueduct and Sewer Authority debt service by 35% through 2026, while ...
Puerto Rico Gov. Ricardo Rosselló presented a fiscal year 2018 budget Wednesday that allots at least $2.04 billion for pensions and nothing for the...
WASHINGTON, USA -- On Monday, creditors and insurers representing approximately $12 billion of bonds issued by Puerto Rico and its ...
They’ve become activated to defend the Island’s educators in the face of school closures
Puerto Rico's financial oversight board filed a debt restructuring petition in federal court Wednesday, the day after several creditors sued...
The judicial process to address the debt becomes another risk factor for the economy
Puerto Rico bondholders rejected Gov. Ricardo Rossello's debt-restructuring proposal days before a Monday deadline to craft a deal or face a ...
WASHINGTON – House Natural Resources Committee chair Rob Bishop is warning members of Puerto Rico's oversight board that the board's...
FAFAA believes they could reach a better agreement, and that they will negotiate with the other bondholders, with or without mediation
GOOD NEWS! Puerto Rico has officially gone bankrupt. Now, we don't mean that literally. There is no cause for celebration in the financial...
CHICAGO Benchmark Puerto Rico general obligation bonds rose on Monday, bolstered by promised stopgap federal healthcare spending that would ...
Law360, New York (June 22, 2017, 3:50 PM EDT) -- The board overseeing Puerto Rico's financial restructuring Wednesday united with bondholders ...