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A group of economists including Joseph Stiglitz would cut the face value of Puerto Rico bonds by 80% or more.
January 17 -
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.
January 12 -
Puerto Rico bondholders will have to wait until Jan. 24 for details on how much their payments may be reduced because of hurricane devastation.
January 11 -
Puerto Rico oversight law's constitutionality comes under fire as investors' and workers' interests intersect.
January 10 -
Debt service may be cut from 24 cents on the dollar as the commonwealth deals with recovery from Hurricane Maria.
January 5 -
The Puerto Rico Oversight Board gave extensions to Puerto Rico’s government and public authorities for fiscal plan submissions.
December 21 -
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.
December 15 -
Over two months after Hurricane Maria devastated Puerto Rico, the island’s government still hasn’t received any of the $4.9 billion of short-term loans promised in the storm aid package Congress passed at the end of October.
December 8 -
Puerto Rico expects its central government revenues to come in 25% short of budget in this fiscal year.
December 5 -
Sen. Bernie Sanders, I-Vt., introduced a comprehensive support bill for Puerto Rico and the U.S. Virgin Islands Tuesday, calculated to cost up to $146 billion.
November 28 -
Puerto Rico’s government announced it would pay its annual Christmas bonus to workers this year.
November 20 -
U.S. Sen. Elizabeth Warren and Rep. Nydia Velázquez called for the Oversight Board to eliminate all of Puerto Rico’s public sector debt.
November 15 -
Two GOP Representatives argued that the Puerto Rico Oversight Board should be given additional powers over the Puerto Rico Electric Power Authority.
November 15 -
The chair of the House committee that oversees Puerto Rico said after Hurricane Maria a "stronger mechanism" is needed to ensure Puerto Rico's recovery.
November 7 -
Refundings on the calendar for the week ahead spurred speculation that issuers may rush deals to market before they are banned by the GOP tax plan.
November 3 -
The Puerto Rico Oversight Board plans to shorten its fiscal plans to five years from 10 while still seeking structural balance,
October 31 -
The Puerto Rico Oversight Board will discuss revising the commonwealth government’s and its semi-autonomous entities’ fiscal plans Tuesday morning.
October 30 -
Judge Laura Taylor Swain promised to release Wednesday a consensus-based order on the legal status of Puerto Rico’s post-hurricane federal aid.
October 25 -
The board authorized Kobre & Kim to issue the subpoenas, as long as certain conditions, including the start of a "formal" investigation, had been met.
October 20 -
Moody’s downgraded $31 billion in Puerto Rico public sector bonds citing the reduced outlook for repayment.
October 12
















