Commonwealth of Puerto Rico

U.S. says IRS needs more time because of the government shutdown.

The board's adversary proceeding has implications for both the authority’s bonds and the finances of the many Puerto Rico government entities that pay rent to the PBA.

The employment numbers are additional signs that the post-hurricane growth period is taking a pause.

The census figure discrepancy highlights the likelihood of revisions to the fiscal plan governing repayment of the territory's debt.

HJ Sims Managing Director German Ramirez and Senior Vice President Richard Prann focus in on the latest developments in Puerto Rico. They talk about what’s been happening with PREPA, COFINA and the GDB -- and discuss implications this may have for bondholders. Chip Barnett hosts.

The Oversight Board expressed skepticism as to whether the tax reform measures are consistent with the certified fiscal plan.

Judges at a hearing this week appeared sympathetic to arguments that the board's appointment was unconstitutional.

The board suggests it may sue the governor unless he starts following its requests.

As of mid-November Puerto Rico's government had an equivalent of 41% of its annual General Fund budget in its central Treasury account.

U.S. Senators privately urged board to privatize PREPA, a review of emails found.

Three of the four index components declined from September.

Rep. Rob Bishop wants a simple up or down vote on statehood.

One Puerto Rico Oversight Board member said that approving the COFINA deal was the board's safest choice.

Puerto Rico credit unions say that the disclosure fails to provide concrete numbers on how bonds will be restructured.

Amid a volatile equity market landscape, municipal bonds remained strong.

Municipal bonds were stronger at mid-session as the market prepares for a quiet Thanksgiving holiday week.

The board wants to avoid invoking its power to force spending cuts to pay for the expected annual payment to government workers.

While the $17.6 billion sale-tax bond restructuring advanced, a group holding more than $3 billion of Commonwealth bonds formed to help negotiate a comprehensive restructuring of that debt.

Muni activity is being tempered by this week’s election focus, market sources said.

The unsecured creditors gave conditional support to the biggest Puerto Rico debt restructuring.