University of Puerto Rico

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.

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

The board continues to say that state metrics should be a guide to restructuring the island's central government debt to a much lower level.

The Oversight Board and Gov. Rosselló remain at odds over pensions and labor reform.

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

The board declined to say what the net impact on the central commonwealth government’s finances would be.

The board plans to approve a Puerto Rico budget by the end of Saturday.

The territorial government's resistance to the labor law may prompt Oversight Board to approve its own version of the budget due this month.

A brief period of peace between the Oversight Board and the governor may soon end.

Magistrate Judge Judith Dein said she'd take up the investigation issue at a June 18 hearing.

The bankuptcy court will hear a motion Wednesday to allow the probe, which could undercut billions of dollars in bondholder claims.

The disagreement over at-will employment is the latest episode on a struggle over policy measures intended to pull the territory out of recession and help in payment of its debt.

Investors, already frustrated with the lack of progress since PROMESA was passed, face at least another two years before most debt payments will resume.

Judge said that the relevant issues include federal as well as local law.

The Oversight Board's executive director said the budget's future is linked to government introduction of at-will employment law.

The board gave up on plan to reduce paid vacation and sick time and eliminate Christmas bonuses, but gained a promise of island-wide at-will employment.

The decline in the unemployment rate is mostly due to emigration, a challenge as the territory restructures its debt.

April’s General Fund collection was 15.7% higher than that of April 2017.

GAO says Congress should consider giving SEC penalty authority over issuers, stripping Puerto Rico's triple-tax exemption,and expanding investor protection.

Bondholders will have to rely on the Oversight Board or the courts for debt service, analysts said.