Commonwealth of Puerto Rico

Moody's said the delay may signal the damage to the island's economic prospects is worse than officials thought, suggesting the return for bondholders will be even lower.

Puerto Rico bondholders will have to wait until Jan. 24 for details on how much their payments may be reduced because of hurricane devastation.

Puerto Rico oversight law's constitutionality comes under fire as investors' and workers' interests intersect.

The Puerto Rico Oversight Board named four key energy projects as potentially eligible for a special permitting process.

Gov. Ricardo Rosselló signed the measure Thursday.

The municipal bond market is looking ahead to next week’s $3.3 billion new issue slate which is dominated by GO sales from Massachusetts and taxable negotiated deals.

Debt service may be cut from 24 cents on the dollar as the commonwealth deals with recovery from Hurricane Maria.

After a week that saw few deals come to market, municipal bond traders will see the calendar perk up a bit next week as several issues of size are set to hit the screens.

As stocks surged and Treasuries swooned, municipal bond traders gauged the direction of yields as they looked ahead to what may be a downturn in issuance this year.

Municipal bond traders were returning to their desks on Tuesday with their eyes fixed on falling yields as they await a rather quiet primary market.

The workers would join 3,500 already on the island, where 45% of the power authority's customers are still without service after September's hurricanes.

The municipal bond market will see a shortage of new supply kicking off the new year, after experiencing a record-breaking month in which almost $63 billion of bonds sold.

The municipal bond market will see a shortage of new supply going into the new year, after experiencing a record-breaking month in which more than $61 billion of bonds sold.

Municipal bonds strengthened Tuesday as the primary market shifted to holiday mode after breaking the December record for issuance.

The number of people employed in Puerto Rico during November fell 1.8% from July.

The municipal market will be staffed by skeleton crews as the calendar has no negotiated deals and only small competitives, which don't even total $3 million — and another long holiday weekend right around the corner.

The muni market absorbed almost $58 billion, a record for December, before a holiday hiatus to end the year.

The Puerto Rico Oversight Board gave extensions to Puerto Rico’s government and public authorities for fiscal plan submissions.

Fresh from a victory on Friday, bondholders and insurers are asking the Title III bankruptcy court to award them additional documents connected to the sales and use tax.

Bond analysts and Puerto Rico political leaders were voicing concern Friday over a new tax on territories reportedly included in the Republican federal tax bill.