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Debt Restructuring News

Debt Restructuring


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...
SAN JUAN, Puerto Rico — Uncertainty is spreading across Puerto Rico and the U.S. municipal bond market now that the U.S. territory has taken an ...
The $146 million, which were deposited in a trust fund in February, will be part of the debt renegotiation
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 ...
The Ad Hoc Group of Puerto Rico General Obligation Bondholders made its request in a letter sent to Sens. Thom Tillis, R-N.C., and Tom Cotton, ...
Dozens of creditors petition in the courts to annul the fiscal plan and halt the Government’s legislative and budgetary powers
FGIC, in agreement with other creditors who issued a letter on March 27, believes that Puerto Rico's Fiscal Plan, as certified by the Oversight...
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...
They rejected the proposal from the Rosselló administration and lashed out against the Fiscal Agency
The Oversight Board filed tittle III of PROMESA in the Island, but it could be heard in a different venue
For the holders of uninsured Puerto Rican debt, the words of Mr. Orwell are strikingly poignant. The first quarter of 2017 has seen continued...
Bondholders disagree on extending the stay on litigations, while experts deem it unnecessary and premature