Puerto Rico Electric Power Authority

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.

The two series are $355,730,000 Power Revenue Bonds, Series EEE, and $320,175,000 Power Revenue Bonds, Series YY.

The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.

“I absolutely do intend on refilling my complaint,” Andrew Hennigan told The Bond Buyer.

The United States Bureau of Labor Statistics' household and employer surveys tell different tales about the depth of Puerto Rico's downturn.

Puerto Rico faces an uphill battle for recovery — what should happen and what will happen in the coming years for the island is in one word: uncertain.

The Puerto Rico Oversight Board has saluted the privatization deal.

Some participants are afraid that tweaking what they don't like in the law could only make it worse.

Carrión says the biggest problem has been the local government's lack of commitment to structural reforms to benefit the economy.

New Highways and Transportation Authority plan is more pessimistic about debt-service payment.

The local government's inertia and PROMESA's unwieldy structure, along with natural disasters and a global pandemic, have impeded Puerto Rico's recovery.

LUMA says its priority will be to improve the reliability and resilience of electricity on the island.

The Economic Development Bank for Puerto Rico estimate for economic activity for fiscal 2019 overall, though, was raised.

Employment, retail sales, and economic activity index data are all delayed.

The Supreme Court's decision will lead to federal consideration of who should serve on the Oversight Board for the next three-year term.

Although voters are dissatisfied with the current administration's response to three crises, turnout is expected to be light.

Success can't be achieved unless the local government more actively pursues reform, sources say.

The Unsecured Creditors Committee say that two factors make it clear the current restructuring deal will never be approved.

The commonwealth has been able to access less than 30% of the aid the federal government promised after the devastating 2017 hurricane.