Puerto Rico

The Oversight Board seeks to recover $1.42 billion in fees on bond deals and interest rate swaps.

Net revenues for September and October came in 12.3% above budgeted projections.

It says its urgent motion was administrative and the objections shouldn't be accommodated.

They also want to know why recovery was cut by $2.4 billion since Nov. 8.

Bondholders say the Oversight Board's offer is less than it was a few weeks earlier.

Sixteen Republicans joined all Democrats to vote in favor of the binding plebiscite.

Bankruptcy judge extends plan of adjustment deadline to Dec. 21.

The island expects federal government funds to provide the lion's share of its resources in 2021-2025.

Puerto Rico bankruptcy Judge Laura Taylor Swain approved the Oversight Board's request for five more days.

The bond issuance was one step of several taking place Tuesday stemming from the court approval of the HTA plan of adjustment, which reduces HTA's $6.4 billion of total claims by more than 80%.