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Over the first 10 months of the fiscal year, General Fund net revenues are 11% above October projections.
May 24 -
Court filings cast doubt on repayment of an additional $5.1 billion in the territory's debt restructuring.
May 22 -
U.S. Justice Department responds to hedge funds seeking reimbursement for Oversight Board impairments to bonds.
May 22 -
The ripple effects of Puerto Rico's bankruptcy may be less onerous for state special revenue credits than some investors thought.
May 20 -
Justifying the latest bid to recover funds related to illegally issued debt, the board says the legislature failed to authorize the pension system bonds.
May 20 -
An IRS opinion that the existing bonds are tax-exempt is key to the exchange offer.
May 17 -
The delay of $220 million of pension savings is the latest "upsetting piece of news for bondholders."
May 16 -
The board and the governor remain about $500 million apart on spending.
May 14 -
Moody's put the Illinois State Toll Highway Authority's A3 rating on review for a downgrade in the wake of the Puerto Rico ruling.
May 13 -
Municipal bond market participants are keeping one eye on the sale calendar and the other on the equities market.
May 10