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Debt Restructuring News

Debt Restructuring


Events are unfolding fast as the Fiscal Management & Oversight Board appointed to oversee the finances of Puerto Rico and ensure that the...
With Puerto Rico on the brink of entering an unprecedented bankruptcy, Wall Street firms with billions of dollars on the line are losing hope of...
Remember the Puerto Rico debt crisis? Because Rosselló is newly elected, he cannot be held responsible for the adverse fiscal conditions afflicting...
The destruction in Puerto Rico caused by Hurricane Maria will exacerbate the economic problems facing the deeply-indebted Caribbean island.
WASHINGTON, June 20, 2017 /PRNewswire-USNewswire/ -- Today the Ad Hoc Group of Puerto Rico General Obligation Bondholders and its advisor, ...
According to the New York Times (link is external), on Wednesday, Puerto Rico's local government made a move that was months in the making -...
April 21 (Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid...
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 new plan entails stricter adjustments to balance the budget, and it insists on greater cutbacks to the bondholders
The federal entity files the historical petition in the Federal Court
OLDWICK, N.J.--(BUSINESS WIRE)--Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have ...
Democrats in Congress and labor unions make calls for an audit and to restructure the public debt of Puerto Rico
The federal entity warns that a general restructuring of the obligations is only achievable in court
Law360, New York (July 18, 2017, 8:50 PM EDT) -- A group of Puerto Rico Electric Power Authority bondholders Tuesday told a bankruptcy court that ...
SAN JUAN – Puerto Rico's Government Development Bank (GDB) reached a debt-restructuring agreement with a “significant group” of creditors, the...