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Debt Restructuring News

Debt Restructuring


Assured Guaranty Corp., the biggest municipal bond insurer, formally requested that the Puerto Rico Oversight Board revoke certification of its 10-...
Member of the Congress who promoted the approval of PROMESA strikes against the Board
The imposition of a fiscal control board on Puerto Rico last year raised hopes that the island's tattered economy might be headed for a...
A federal judge in Puerto Rico is holding the first hearing in what's expected to be a lengthy battle over the island's $123 billion debt...
The largest mass shuttering of public schools in Puerto Rico's history follows the island declaring bankruptcy on a record $70 billion debt.
They argue Bank of NY Mellon turned a blind eye to alleged violations by the government
About the PREPA issue, the governor indicated that it will continue with its normal operation
Puerto Rico's "control" board sent a letter to current Governor Alejandro García Padilla and incoming Governor Ricardo Rossello...
Members of the Greater Hartford Puerto Rican community voice their concerns about the island's debt crisis to U.S. Sen. Richard Blumenthal.
SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor has announced a historic restructuring of a portion of the US territory's $70B debt...
(Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid invoking...
U.S. District Judge Laura Taylor Swain in a four-page opinion said Puerto Rico made a strong showing there could be a "considerable impact...
Puerto Rico Governor Ricardo Rossello comments on the country's plan to close a more than $7 billion budget shortfall. He speaks with Bloomberg...
University of Puerto Rico (UPR) chemists are facing tough times as the island nation's budget crisis is worsening and student strikes have shut...
Santiago Domenech, a general contractor with $2 million of his savings tied up in bonds Puerto Rico just defaulted on, once had 450 employees.