Puerto Rico

Muni analysts are doubtful that a forbearing bondholder proposal to the Puerto Rico Electric Power Authority will solve all of its financial problems.

The Puerto Rico Electric Power Authority raised concerns Wednesday night about the forbearing bondholders plans' assumptions.

Puerto Rico Electric Power Authority's forbearing bondholders announced an offer Wednesday that would avoid expected cash defaults.

Puerto Rico’s economic activity index was down in January and up on February.

Puerto Rico officials voiced optimism Monday and Tuesday about recent developments with the Commonwealth’s debt and budget.

The Puerto Rico Electric Power Authority and its creditors have agreed to extend their previous forbearance agreement another 15 days, PREPA announced late Monday.

Puerto Rico Electric Power Authority may announce whether its bondholders agreed to extend a forbearance agreement on more than $8 billion of debt.

Puerto Rico's unemployment rate plunged to a seven-year low in February, even as a survey of employers showed the number of people working for them slipped from January.

A major mall opened in San Juan on Thursday, leading to as many as 3,000 new jobs in Puerto Rico.

Fitch Ratings downgraded Puerto Rico’s general obligation bonds to B from BB-minus on Thursday, citing concerns about the commonwealth’s ability to sell a bond to increase liquidity and the legislature’s willingness to pay back the commonwealth’s debt.