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The goverment must address expected fiscal challenges or bond payments after 2031 are in jeopardy.
February 28 -
While the university remains current on bond payments, it is not financially stable, sources say.
September 6 -
There is chatter about a restructuring of UPR bonds, which have been paid throughout the territory's bankruptcy; the university's accreditation is a factor.
October 21 -
The governor and the Oversight Board had yet to offer an opinion on the increase.
August 27 -
Puerto Rico's government would pay attorneys to represent the interests of bondholders who own less than $1 million of Puerto Rico bonds.
July 6 -
The Puerto Rico Oversight Board has previously said there would be significant spending cuts in the the coming fiscal year.
February 3 -
Even with the November increase, General Fund Revenues collected from July to November were 5% below those of 2019.
January 8 -
The board wants to increase tax compliance, spend more on healthcare capital projects, and advance the release of CAFRs, among other things.
December 18 -
How assumptions are settled on revenues, spending, and the economy will affect the Commonwealth debt plan.
December 14 -
Bondholders hope to negotiate a deal before July 15.
June 16