Puerto Rico

Bond insurers Assured Guaranty, Assured Guaranty Municipal and National Public Finance Guarantee filed a challenge to Puerto Rico’s certified fiscal plan.

Puerto Rico's government and oversight board will both have roles, said board member David Skeel.

The Oversight Board filed the petition with U.S. District Court in Puerto Rico.

Fitch Ratings said it has downgraded Puerto Rico Aqueduct and Sewer Authority bonds to C from CC.

Puerto Rico Gov. Ricardo Rosselló said Wednesday morning that the start of a Title III bankruptcy process for Puerto Rico was imminent.

Puerto Rico’s fiscal and debt crisis moved into a new phase marked by riots, active lawsuits, and biting political attacks.

With a 4:45 p.m. Monday deadline past, there was no announcement from the Oversight Board on use of Title III in the debt reorganization.

Puerto Rico bondholders rejected Governor Ricardo Rossello’s debt-restructuring proposal days before a May 1 deadline to craft a deal or face a potential wave of creditor lawsuits.

The Puerto Rico Oversight Board approved a plan cutting PRASA, PREPA, PRHTA, and GDB debt payments.

A member of Puerto Rico’s federal oversight board will give an update on the distressed island’s efforts to combat mounting debt during the May 3 Philadelphia Area Municipal Analysts Society meeting.

Puerto Rico unions are demonstrating and striking against austerity measures originating with the Puerto Rico Oversight Board.

Puerto Rico's oversight board said concerns about its adherence to PROMESA are unwarranted.

Puerto Rico’s Oversight Board plans to discuss the 10 year fiscal plans of several Puerto Rico authorities at a public meeting on Friday.

Puerto Rico’s main opposition party voted to boycott a status plebiscite planned for June 11.

Puerto Rico debt negotiations may be going nowhere with just six full days left before a court restructuring.

Puerto Rico got positive revenue and economic news for March.

A commission reviewing the legality of Puerto Rico’s debt is expected to resume its work, even though the governor signed a bill to terminate it.

Puerto Rico’s creditors may be headed to court after the territory's representatives refused to budge from a fiscal plan limiting debt payment to 24% of the amount due.

The territory’s government is rushing to rewrite statehood plebiscite language rejected by U.S. Department of Justice.

Puerto Rico bondholders at a meeting Thursday sought substantially better terms from the Puerto Rico Oversight Board and government.