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The legal argument made against revenue bonds just doesn't make sense in the market-based world.
May 30John Hallacy Consulting LLC -
Demand for tax-exempt income overwhelmed the usual selling in the secondary market during tax season.
May 29 -
A surplus this coming fiscal year will be used in following years for debt and pension payments, Executive Director Natalie Jaresko said.
May 28 -
Over the first 10 months of the fiscal year, General Fund net revenues are 11% above October projections.
May 24 -
Court filings cast doubt on repayment of an additional $5.1 billion in the territory's debt restructuring.
May 22 -
U.S. Justice Department responds to hedge funds seeking reimbursement for Oversight Board impairments to bonds.
May 22 -
The ripple effects of Puerto Rico's bankruptcy may be less onerous for state special revenue credits than some investors thought.
May 20 -
Justifying the latest bid to recover funds related to illegally issued debt, the board says the legislature failed to authorize the pension system bonds.
May 20 -
An IRS opinion that the existing bonds are tax-exempt is key to the exchange offer.
May 17 -
The delay of $220 million of pension savings is the latest "upsetting piece of news for bondholders."
May 16