Puerto Rico Sales Tax Financing Corp (COFINA)

A government official said the governor took the action as a step to restore Puerto Rico's credit.

The judge's record so far suggests a pattern that may encourage further appeals in the biggest U.S. municipal bankruptcy.

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

The Oversight Board said it had "finalized" the COFINA Plan Support Agreement

Puerto Rico’s federal overseers are poised to raise their forecast for the island’s budget surplus over the next four decades after an influx of aid and rebuilding from last year’s storm is expected to give a jolt to the economy.

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 cut marks the first major retreat for OppenheimerFunds, one of the biggest mutual-fund owners of Puerto Rico debt and a company that’s playing a major role in its bankruptcy.

Retail investors lined up to get first crack at the New York City Transitional Finance Authority deal.

The New York City Transitional Finance Authority began the first of a two-day order period geared toward retail investors.

Theboard says Gov. Ricardo Rosselló's plan needs reduced spending and more conservative projections for revenues.

The week’s $3.6 billion new issue calendar will be dominated by New York City and California.

Municipal bond buyers will see $3.6 billion of volume hit the screens during the upcoming holiday-shortened trading week.

The committee will review claims stemming from a 608-page report on the history of Puerto Rico's debt problem.

July's elevated revenues continue a several-month-long pattern of General Fund revenues coming in above budget.

Terms of the plan support agreement and term sheet are consistent with those first announced on Aug. 8.

A COFINA bondholder group welcomed the plan as a step toward consummating the COFINA restructuring agreement-in-principal.

Municipal bond buyers will get another chance to get some Massachusetts and Texas paper as both issuers head into the market.

Massachusetts and Texas will be in the market next week as the unofficial summer season winds down during the last week before Labor Day.

The report aims to answer how the debt problem developed and to make recommendations to prevent such a problem from ever arising again in Puerto Rico.