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Recoveries would be from 65% to 77% for general obligation and Public Building Authority bondholders.
February 10 -
The report says that the bond restructuring plan would lead to greatly increased rates and drastically cut usage.
February 7 -
Puerto Rico’s nonvoting House representative said that President Trump has selected Coast Guard Rear Adm. Peter Brown to serve as disaster czar.
February 4 -
On Sunday Puerto Rico's governor said she would oppose rate increases to support the authority's debt restructuring.
February 4 -
The ERS bondholders' lien didn't survive the bankruptcy filing, the First Circuit Court of Appeals said.
January 31 -
Municipal bond buyers will see a $7 billion new-issue calendar ahead.
January 31 -
An Oversight Board lawyer said that an announcement might be made in the next 30 days.
January 29 -
Fiscal Plan for Puerto Rico that the Oversight Board created lays out the steps necessary for public spending to be prioritized and sustainable.
January 28Financial Oversight and Management Board for Puerto Rico -
Puerto Rico's legislature may not want to approve what would effectively be an electricity rate increase, said analysts at a recent conference.
January 27 -
Issues surrounding revenue bonds may delay resolution on the central government debt.
January 22