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Debt Restructuring News

Debt Restructuring


A man dressed as Spider-Man walks past a burning barricade in San Juan, Puerto Rico May 1, to protest their government's austerity measures in...
A securities arbitration law firm on Friday filed a claim against UBS Financial Services Inc. of Puerto Rico and UBS Financial Services, Inc. (...
WASHINGTON, June 20, 2017 /PRNewswire-HISPANIC PR WIRE/ -- Today the Ad Hoc Group of Puerto Rico General Obligation Bondholders and its ...
(Bloomberg) -- Hedge funds first starting buying Puerto Rico debt in the summer of 2013 because they liked what they saw: A government that was ...
The entity owes some $17,880 million in main and subordinated bonds
They will appeal Judge Besosa’s verdict, which allows the lawsuit of certain constitutional bondholders to be settled
There are even people convicted of government corruption
After nearly two years of missed payments and delayed actions, Puerto Rico is bumping up against another deadline as it tries to grapple with tens of...
Puerto Rico's federal overseers took a first step Friday toward considering the use of bankruptcy-like proceedings to allow the island to escape...
Puerto Rico has filed for a bankruptcy-like restructuring of its $70 billion debt, and many analysts are strongly suggesting that it serve as a wake-...
Their financial statements reveal substantial real estate properties and collections
Bond investment funds and three bond insurers filed papers Tuesday seeking the appointment of a receiver for the Puerto Rico Electric Power ...
Puerto Rico was placed under court protection on Wednesday in what amounts to the largest-ever U.S. municipal bankruptcy, a stark illustration of the...
Currently, Puerto Rico has $123 billion in outstanding debt, spread between bonds and unfunded pension liabilities, representing more than 68 per ...
Federal US court proceedings began May 17 in San Juan on Puerto Rico's $123 billion bankruptcy. New York District Court is handling the...