Puerto Rico

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.

Four investment funds holding COFINA senior bonds are claiming Bank of New York Mellon breached its duties as trustee.

A Puerto Rico judge has revived an “audit” of Puerto Rico’s debt.

The new PREPA deal would force un-insured bondholders to accept a loss of principal, unlike the previous deal, which allowed retention of bonds at face value.

Two senators have asked Puerto Rico's oversight board to show it is following PROMESA.

Gov. Ricardo Rosselló said creditors of the utility agreed to reduce debt service by $1.5 billion over five years.

Moody’s Investors Service downgraded $13 billion in Puerto Rico bonds on Wednesday, citing increasing pessimism about recoveries on the bonds.

A federal appeals court upheld a stay on debt-related lawsuits in a key Puerto Rico lawsuit, reversing a lower court decision.

Municipal bond insurer analysts are rechecking their estimates of potential losses in Puerto Rico after the federal control board approved a 10-year plan that assumes less than 24% of debt coming due will be repaid.

The Puerto Rico Oversight Board is seeking to start debt talks on April 13.

Puerto Rico Gov. Ricardo Rosselló said that his government had agreed to a five day extension of the agreement with Puerto Rico Electric Power Authority creditors.