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Debt Restructuring News

Debt Restructuring


An investment firm holding $65 million of Puerto Rico's bonds sued the island's bankrupt government on Wednesday in a bid to force its...
The government failed to include previsions in the fiscal plan in the event courts rule on higher payments for creditors
MIAMI – The governor of Puerto Rico announced Wednesday that the U.S. territory would seek a form of bankruptcy protection to restructure its $70 ...
April 21 (Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid...
The government owes millions in refunds while offering minimum estimates to suppliers and legal claims
The new plan entails stricter adjustments to balance the budget, and it insists on greater cutbacks to the bondholders
In a sharply worded letter to the chairman of the Financial Oversight and Management Board of Puerto Rico, Rep. Rob Bishop, R-Utah, said that by ...
(Bloomberg) Prices of bonds from Puerto Rico's record $3.5 billion municipal junk offering in 2014 are tumbling to fresh lows. The general...
Puerto Rico declared a form of bankruptcy protection this week that puts it in uncharted territory for U.S. governments and municipal finance.
The federal entity warns that a general restructuring of the obligations is only achievable in court
Experts in public finances describe the difficulties that the Island would face against the possible collapse of the local economy
The legal brawl over Puerto Rico's bankruptcy begins this week, and it will be long and ugly. The pain might be worth something if the island...
The selection comes two days after Puerto Rico Gov. Ricardo Rosselló said the government had officially notified the state's Fiscal Supervision...
The Oversight Board officially opens the path for submitting restructuring cases
FAFAA seeks to extend PREPA’s restructuring support agreement