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Debt Restructuring News

Debt Restructuring


Wall Street investment banks issued hundreds of Puerto Rico municipal bonds to take advantage of the triple feature that made the Caribbean Island...
The Puerto Rican government has requested federal protection from creditors for two pension systems covering public employees, opting to further ...
Puerto Rico debt negotiations are going nowhere even though there are just six full days left before a court may take over the $52 billion bond and...
The $146 million, which were deposited in a trust fund in February, will be part of the debt renegotiation
American Federation of State, County & Municipal Employees (AFSCME), AFL-CIO filed with the U.S. Bankruptcy Court an adversary complaint ...
Last week, Puerto Rico took another step in its long, mostly futile attempt to stabilize its economy and budget when it filed for a modified version...
They evaluate candidates for the three committees that will participate in the renegotiation of debt under PROMESA
The scale of Puerto Rico's debt is also unusual: it has about $123 billion in debt and pension obligations. For comparison, Detroit had $18...
The Puerto Rico Oversight Board approved a plan to cut Puerto Rico Aqueduct and Sewer Authority debt service by 35% through 2026, while ...
WASHINGTON, USA -- On Monday, creditors and insurers representing approximately $12 billion of bonds issued by Puerto Rico and its ...
Puerto Rico Title III bankruptcy judge Laura Taylor Swain rejected lifting the Puerto Rico Electric Power Authority's debt litigation stay to...
O) said it was "aggressively pursuing" loss mitigation strategies in debt-laden Puerto Rico. Ambac's plan announced in its quarterly...
Sánchez Sifonte said that the increase in government cash seeks to face the "dramatic" events that are looming
The Commonwealth of Puerto Rico (a/k/a Government of Puerto Rico) filed a Title III Petition with the U.S. District Court in the District of Puerto...
Puerto Rico bondholders rejected Gov. Ricardo Rossello's debt-restructuring proposal days before a Monday deadline to craft a deal or face a ...