Puerto Rico

The U.S. Territorial Relief Act of 2018 would give territories the option to terminate their debt obligations while authorizing $7.5 billion in federal funds to compensate mainland creditors who are individual investors, trade unions, pension plans, and open-end mutual funds.

“I realize the urgency of the situation,” U.S. District Court Judge Swain said at the end of the Title III bankruptcy hearing in San Juan.

Governance issues are likely to remain regardless of how Judge Laura Taylor Swain rules on Gov. Ricardo Rosselló's adversary complaint

It’s a big week for Puerto Rico with court action taking place on the island and Congressional hearings being held in D.C.

New York issues again dominate as the bond calendar dips to $5.3 billion in the new week.

June's unemployment rate was the lowest monthly rate since at least 1975.

The previous named director and four board members resigned last week.

Members of Congress and market observers were divided over the ramifications of Friday's court opinion that the U.S. is liable for debt cuts mandated by the Oversight Board.

The Bond Buyer is proud to kick off the third-annual Rising Stars program, showcasing the brightest young minds in the municipal bond industry. Click to learn how to nominate an emerging leader in muni finance.

U.S. Court of Federal Claims Chief Judge Susan Braden carved a legal path for holding the federal government liable for cuts to Puerto Rico bonds.