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Debt Restructuring News

Debt Restructuring


The federal entity warns that a general restructuring of the obligations is only achievable in court
One of the fundamental pillars of the island’s economic recovery is a stable and reliable electrical system
The institution pledges tuition income to pay for its obligations
Puerto Rico bonds are trading near record lows, but that doesn't mean they're not worth even less. The island triggered the start of the...
NEW YORK, April 29 (Reuters) - Puerto Rico's government presented a debt restructuring offer late on Friday that could repay as much as 77...
March 29 (Reuters) - Creditors of Puerto Rico's struggling power authority, PREPA, have presented the island's government with a counter-...
The Coalition asks that the Board, the Legislature and the Governor have a meeting in order to standardize the solutions for the fiscal problems in...
By Nick BrownMay 17 (Reuters) - Puerto Rico on Wednesday will face investors for the first time in a bankruptcy court, as it kicks off the biggest...
Puerto Rico seeks title III bankruptcy protection for COFINA debt ... that was part of the Puerto Rico rescue law passed last year known as PROMESA.
Puerto Rico came to Congress last year because it desperately needed some sort of help: after a decade of deficit financing, it is now $72 billion in...
MAYAGUEZ, Puerto Rico — The economic crisis afflicting Puerto Rico for the last decade has also taken a toll on the island's only zoo, with...
He claims the municipalities have subsidized the central Government’s operations, and that the proposed changes exacerbate the economic problems in...
By Philip ScipioNEW YORK, May 19 (IFR) - Puerto Rico creditors that are owed roughly US$74bn took their brawl into federal court last week as the ...
Wall Street investment banks issued hundreds of Puerto Rico municipal bonds to take advantage of the triple feature that made the Caribbean Island...
Events are unfolding fast as the Fiscal Management & Oversight Board appointed to oversee the finances of Puerto Rico and ensure that the...