Puerto Rico

Municipal bonds were stronger at mid-session as buyers await this week’s new issue supply.

While the $17.6 billion sale-tax bond restructuring advanced, a group holding more than $3 billion of Commonwealth bonds formed to help negotiate a comprehensive restructuring of that debt.

The bill would require that new owners respect existing labor contracts and pensions.

It's the first court authorization for a workout of a commonwealth debtor since the island began defaulting on its obligations in 2015.

Muni activity is being tempered by this week’s election focus, market sources said.

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

The Virginia College Building Authority competitively sold almost $215 million of tax-exempt and taxable revenue bonds.

Puerto Rico governor says that the board's objections are unfair or inaccurate.

Puerto Rico granted $521 million in tax credits over the last seven months.

Unsecured creditors have said they are unsure if they will support the Puerto Rico sales tax bond restructuring.