Commonwealth of Puerto Rico

The board is searching the entire government and may find a far higher losses.

Along with substantial reductions in payouts to the GO and PBA bondholders, the board is proposing a near wipe out for HTA, ERS, PRIFA rum, MBA, and CCDA bondholders.

The Puerto Rico Housing Finance Authority’s deal came in three times oversubscribed and was an important step in the Commonwealth’s return to the capital markets.

One muni bond sector that had been a go-to for heavier allocations was utilities, according to Kim Olsan.

The Puerto Rico Housing Finance Authority will be in the market with almost $250 million of public housing project refunding bonds.

August and September economic activity has probably been better than that of July, analysts said, however some expect economic activity will resume its decline in October and the following months.

The presidential candidate said Puerto Rico's debt should be audited and that some of it may have to be declared illegal and thus void.

The Oversight Board said that it expects to know by Oct. 25 whether it can propose a new plan of adjustment.

Laura Taylor Swain said she will decide some of the bond insurers' arguments when she resolves continuing adversary proceedings.

Puerto Rico's governor promotes an insider to run the power authority.

The federal $600 monthly addition to unemployment insurance boosted income, but the local economy took a bigger hit than that of the U.S.

Some say that Pierluisi might be more friendly to the Oversight Board than has been the case with governors up to now.

The law restricting various aspects of debt issuance goes beyond the central government to also cover the public corporations.

As of Monday it wasn't clear how the election, which was supposed to be completed Sunday, would be extended.

This despite being 3.1% ahead of the oversight board’s May 27 projection.

The two board members with the deepest knowledge of municipal debt have said they will depart.

Benefits may aid island's economy and reduce pressure on island's local and territory-wide governments to pay for welfare benefits.

Bondholders, financial cooperatives and a Puerto Rico legislator offered different lines of attack on an 18-month-old bond deal.

Their suit against 11 bond underwriters will be heard in a local, rather than federal, court, the lead judge said Wednesday.

Puerto Rico public corporation unions fought against PROMESA and local laws in an appeals court Monday.