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Debt Restructuring News

Debt Restructuring


Sales tax creditors kick off likely wave of lawsuits against Puerto Rico ... The complaint, filed in federal court in San Juan, accuses Puerto Rico...
Assured Guaranty, led by CEO Dominic Frederico, is among Puerto Rico creditors who say the plan illegally pays other expenditures before debt.
Puerto Rico continues to struggle with the consequences of irresponsibly running up debt. It owes debtors about $70 billion, and a default on debt ...
Puerto Rico Gov. Ricardo Rosselló presented a fiscal year 2018 budget Wednesday that allots at least $2.04 billion for pensions and nothing for the...
Puerto Rico shares a story similar to Greece's (GREK) in terms of its dismal economic performance and exacerbated debt issues. With its rising...
SAN JUAN, Puerto Rico — Puerto Rico's governor turned to the courts Wednesday to protect the US territory from its crushing $73 billion debt in...
The judicial process to address the debt becomes another risk factor for the economy
Former chairman of the House Committee on Treasury believes the Board will reject the plan
WASHINGTON – House Natural Resources Committee chair Rob Bishop is warning members of Puerto Rico's oversight board that the board's...
WASHINGTON – Two legislators are urging Puerto Rico's oversight board to focus more on economic growth than austerity and to freeze debt service...
Puerto Rico has filed for bankruptcy. It's the largest municipal bankruptcy in United States history. Advertisement. WEBVTT THE CAMPUS WAS ...
The Puerto Rico Electric Power Authority (PREPA) has agreed to a new debt deal with its creditors, but the U.S. territory is still teetering on the...
I own $200,000 of the last issue of Commonwealth GOs. I expected the Commonwealth to default on some debt because the amount of principal and...
Law360, New York (June 22, 2017, 3:50 PM EDT) -- The board overseeing Puerto Rico's financial restructuring Wednesday united with bondholders ...
The losses for Puerto Rico's bondholders are coming into view. It is a brutal accounting. The total red ink for mutual funds that invested in...