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Debt Restructuring News

Debt Restructuring


Puerto Rico Gov. Ricardo Rosselló signed a negotiated debt restructuring deal for the Government Development Bank Thursday, affecting $4.1 billion ...
Stockton bankruptcy judge among five tapped to mediate Puerto Rico debt ... Puerto Rico, the U.S. territory with $70 billion of debt and a 45 percent...
SAN JUAN – Puerto Rico's Government Development Bank (GDB) reached a debt-restructuring agreement with a “significant group” of creditors, the...
The Puerto Rico Oversight Board approved a plan to cut Puerto Rico Aqueduct and Sewer Authority debt service by 35% through 2026, while ...
The president of the US trade union AFCSME, Lee Saunders, maintains that “to place the burden on the backs of workers is wrong”
WASHINGTON, USA -- On Monday, creditors and insurers representing approximately $12 billion of bonds issued by Puerto Rico and its ...
Long before Hurricane Maria left millions on the island without power or water, Puerto Rico was battling a financial crisis years in the making...
A trustee of the United States designates committees to renegotiate debt
SAN JUAN, P.R. — Puerto Rico's first day in federal court to reduce its $123 billion in bond debt and unfunded pensions got off to a cordial...
Puerto Rico bondholders rejected Gov. Ricardo Rossello's debt-restructuring proposal days before a Monday deadline to craft a deal or face a ...
Puerto Rico Gov. Ricardo Rosselló and his financial advisors are insisting that the Title III judge cannot review the amount of debt that Puerto Rico...
FAFAA believes they could reach a better agreement, and that they will negotiate with the other bondholders, with or without mediation
The leaders of the private sector and former representatives of consumers in the PREPA Governing Board concur over that matter
Judge Laura Taylor Swain will preside over the government’s debt restructuring cases
The revision of the RSA raises from five to eight years the moratorium on the payment of the principal