Puerto Rico Public Buildings Authority

The Oversight Board said it is working on a response.

Surveys show employment was up as much as 7% in September from April.

Collections were ahead of Oversight Board's May projections but behind figures for 2019.

Puerto Rico Oversight Board says that National Public Finance Guarantee could do "confirmation discovery" at its own expense.

Justin Peterson represented the Ad Hoc Group of General Obligation Bondholders for several years.

They say the board should specify a central government plan of adjustment by Nov. 30.

National Public Finance Guarantee says that hedge funds profited from their participation in mediation sessions on central government Puerto Rico bonds.

Delgado Altieri is polling essentially even with Pedro Pierluisi.

Along with substantial reductions in payouts to the GO and PBA bondholders, the board is proposing a near wipe out for HTA, ERS, PRIFA rum, MBA, and CCDA bondholders.

August and September economic activity has probably been better than that of July, analysts said, however some expect economic activity will resume its decline in October and the following months.

The Oversight Board said that it expects to know by Oct. 25 whether it can propose a new plan of adjustment.

This despite being 3.1% ahead of the oversight board’s May 27 projection.

The two board members with the deepest knowledge of municipal debt have said they will depart.

Benefits may aid island's economy and reduce pressure on island's local and territory-wide governments to pay for welfare benefits.

Highways and Transportation Authority collections are also behind expectations.

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.

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

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

Board says it has prevailed in past legal struggles with the local government.

The board projects a 10.2% revenue surplus in the coming fiscal year.