Puerto Rico Public Buildings Authority

Six projects announced this week may lead to $300 million to $400 million of investment.

Municipal bond analysts cite the lack of clarity on the island’s economic future, the level of federal aid after two hurricanes, and the Title III bankruptcy process.

Puerto Rico faces a government shutdown after the end of the month without an infusion of cash.

The bond insurers withdrew their challenge of the island's fiscal plan, citing Hurricane Maria.

Puerto Rico’s debt cannot be canceled by order of the president, restructuring experts and a key congressman said.

Puerto Rico’s general obligation bonds maturing in 2035 have lost a fifth of their value in secondary trading on concern over the economic impact of the storm.

The board says it will postpone any discussion of furloughs until the next fiscal year.

Two key Puerto Rico Oversight Board members met with members of Congress Thursday and Friday.

Puerto Rico's power authority said it may take more than six months to restore electricity and there was a report that the Oversight Board was ready to revise the amount of debt to be paid in the next nine years.

Puerto Rico Oversight Board executive director Natalie Jaresko told The Bond Buyer the commonwealth might also pay some of its debt later this year.

Kobre & Kim will assist in the board's investigation of Puerto Rico’s debt.

One lawyer called the bankruptcy judge’s ruling a "victory in the Oversight Board's effort to destroy all bondholder liens in Puerto Rico."

Puerto Rico Title III bankruptcy judge Laura Taylor Swain has decided to address the dispute between Puerto Rico and the Puerto Rico Sales Tax Financing Corp. bondholders prior to other Title III matters.

Activists protested what they called Aurelius Capital Management’s support for austerity in Puerto Rico.

The Puerto Rico Oversight Board filed an adversary complaint for declaratory and injunctive relief to force cost-saving measures.

Title III bankruptcy judge Laura Taylor Swain approved hiring Phoenix Management Services LLC as financial advisor for the mediation process.

Puerto Rico’s July revenues were above budget partly because of unexpectedly high non-resident withholding inflow.

Muni traders on Friday are looking ahead to next week’s lighter new issue slate, which will be dominated by a note deal, rather than a bond sale.

The Oversight Board has asked the bankruptcy judge to approve compensation for a team led by Martha Kopacz, who served in a similar role in Detroit's bankruptcy.

The judge in the Puerto Rico Title III bankruptcy cases is scheduled to weigh motions by Puerto Rico Electric Power Authority and Puerto Rico Sales Tax Finance Corp. (COFINA) bondholders at a hearing Wednesday.