Puerto Rico Highway & Transportation Authority

Its estimates are more pessimistic than the Oversight Board’s projections of island gross domestic product.

Island residents would recover up to 50% of the value of their losses.

The committee is holding a public hearing on its report on the causes of the debt crisis on Sept. 18 in San Juan.

The Unsecured Creditors Committee continued an effort to change the deal in a hearing on Thursday.

They are also trying to take over representation of the Puerto Rico authorities in Government Development Bank debt restructuring.

The unsecured creditors say that the deal treats the island’s government authorities in Title III bankruptcy unfairly.

Since Puerto Rico formally filed the deal in court on Aug. 10, 13 parties have filed either court challenges or notices of intent to challenge the deal.

Judge Laura Taylor Swain sided with the retired employees, saying the bondholders' security interest was not properly perfected.

The board declined to say what the net impact on the central commonwealth government’s finances would be.

June's unemployment rate was the lowest monthly rate since at least 1975.