Bankruptcy

The goal of the 2018 Chapter 11 restructuring was to establish a capital structure supported by project revenues.

A bailout of FirstEnergy Solutions Ohio nuclear plans would enhance what can be paid to bondholders under the company's Chapter 11 reorganization.

Without a successful appeal, Employees Retirement System bondholders won't get their bond payments during the bankruptcy.

The restructuring is expected to save PREPA and Puerto Rico residents about $3 billion in debt service payments over the next 10 years.

As the company moves to exit Chapter 11, it wants Ohio and Pennsylvania to force ratepayers to subsidize its unprofitable nuclear power plants.

Four California and Chicago school districts are among issuers to earn negative outlooks in Fitch revisions after a ruling in Puerto Rico's bankruptcy.

If the ruling holds, analysts said special revenue bonds may have to be re-evaluated based on the general credit of the issuer.

The Trump administration will finalize $3.7 billion in loan guarantees to Southern Co. and its partners who are building a troubled nuclear reactor project in Georgia.

A Chicago-area ice rink facility built with $20 million of bonds is being sold for $10 million.

The ruling ends the ratepayers’ appeal, although they intend to pursue adversary cases filed in the original Chapter 9 case, attorney Calvin Grigsby said.