Puerto Rico Sales Tax Financing Corp (COFINA)

The employment numbers are additional signs that the post-hurricane growth period is taking a pause.

The census figure discrepancy highlights the likelihood of revisions to the fiscal plan governing repayment of the territory's debt.

HJ Sims Managing Director German Ramirez and Senior Vice President Richard Prann focus in on the latest developments in Puerto Rico. They talk about what’s been happening with PREPA, COFINA and the GDB -- and discuss implications this may have for bondholders. Chip Barnett hosts.

The Oversight Board expressed skepticism as to whether the tax reform measures are consistent with the certified fiscal plan.

Judges at a hearing this week appeared sympathetic to arguments that the board's appointment was unconstitutional.

U.S. Senators privately urged board to privatize PREPA, a review of emails found.

Three of the four index components declined from September.

Rep. Rob Bishop wants a simple up or down vote on statehood.

One Puerto Rico Oversight Board member said that approving the COFINA deal was the board's safest choice.

Puerto Rico credit unions say that the disclosure fails to provide concrete numbers on how bonds will be restructured.

Christian Sobrino Vega, the commonwealth’s representative to the Puerto Rico Financial Oversight and Management Board, made clear in an interview with The Bond Buyer that the commonwealth has not and will not intermingle federal disaster aid with debt payments to the island’s bondholders.

The board wants to avoid invoking its power to force spending cuts to pay for the expected annual payment to government workers.

With COFINA and GDB deals moving forward, the Public Buildings Authority, Aqueduct and Sewer Authority, and University of Puerto Rico may be next in line.

Suggestive of possible near-term growth in issuance, municipal CUSIP requests rebounded in October.

Municipal bonds were stronger at mid-session as buyers await this week’s new issue supply.

While the $17.6 billion sale-tax bond restructuring advanced, a group holding more than $3 billion of Commonwealth bonds formed to help negotiate a comprehensive restructuring of that debt.

Muni activity is being tempered by this week’s election focus, market sources said.

The unsecured creditors gave conditional support to the biggest Puerto Rico debt restructuring.

The Virginia College Building Authority competitively sold almost $215 million of tax-exempt and taxable revenue bonds.

Unsecured creditors have said they are unsure if they will support the Puerto Rico sales tax bond restructuring.