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Puerto Rico’s employment indicators were mixed in May compared to April and to May 2016.
June 20 -
A restructuring deal affecting $4.1 billion of Puerto Rico Government Development Bank debt has gained the support of over 50% of its bondholders.
June 19 -
Two Democrats urge Puerto Rico's oversight board to reject PREPA agreement over rate hike concerns.
June 16 -
Puerto Rico’s Oversight Board sent a letter to Puerto Rico’s leaders warning of a waning resolve to deal with a dire financial situation.
June 16 -
Rep. Rob Bishop, R-Utah, said Puerto Rico's oversight board is not following PROMESA with regard to the PREPA RSA.
June 15 -
The judge overseeing Puerto Rico’s Title III bankruptcy process named five judges to help mediate disputes over island government and sales tax bonds in the biggest municipal restructuring in U.S. history.
June 15 -
U.S. Sen. Tom Cotton, R-Ark., attacked the Puerto Rico Oversight Board’s plan to slash bondholder payments as illegal.
June 14 -
Puerto Rico fiscal officials delayed acceptance of measures in the island electric authority's $9 billion debt deal, spurring speculation that the agreement with creditors may be in jeopardy.
June 13 -
Puerto Rico’s voters overwhelmingly voted on Sunday for the island to become a state in a vote the opposition chose to boycott.
June 12 -
Puerto Rico will likely need to fund government operations using sales-tax revenue claimed by warring factions of bondholders unless a legal dispute at the heart of the island’s bankruptcy is resolved by November.
June 12