All posts tagged debt

Congress presses panel on status of PREPA restructuring
March 23, 2017, No Comments

The Subcommittee on Indian, Insular and Alaska Native Affairs held an oversight hearing on the status of the Puerto Rico ...

Congress to review PREPA debt restructuring deal
March 22, 2017, No Comments

The Congressional Subcommittee on Indian, Insular and Alaska Native Affairs will hold a hearing today on the status of t ...

PR GO, COFINA bondholders spar over pending litigation
February 23, 2017, No Comments

The COFINA Seniors Coalition on Wednesday filed a motion to join litigation already pending in the U.S. District Court i ...

Moody’s: PREPA still open to consensual restructuring
February 3, 2017, No Comments

Recent events related to the ongoing negotiation between the Puerto Rico Electric Power Authority and its creditors, inc ...

PR gov’t defaults on $312M in debt, interest due Feb. 1
February 2, 2017, No Comments

The Commonwealth of Puerto Rico defaulted on $312 million in principal and interest due Feb. 1st by four credit-issuing ...

UN: ‘Human rights cannot be sidelined” in PR crisis
January 10, 2017, No Comments

The United Nations Independent Expert on foreign debt and human rights has called for fair solutions to the huge debt cr ...

Gov’t releases RFQ for new strategic advisor, legal counsel
January 5, 2017, No Comments

The new administration under Puerto Rico Gov. Ricardo Rosselló on Wednesday released a Request for Qualifications (RFQ) ...

PREPA makes $192.5M January bond interest payment
December 28, 2016, No Comments

The Puerto Rico Electric Power Authority announced Wednesday the payment of $192.5 million in interest on its power reve ...

Vassallo Int’l Group in Ponce files for Ch. 11 bankruptcy
November 18, 2016, No Comments

Ponce-based Vassallo International Group, which manufactures, distributes and sells more than 6,000 different products f ...

Fiscal health index shows most P.R. towns carry deficits
October 26, 2016, No Comments

The majority of Puerto Rico’s 78 municipalities are in dire financial conditions, with more than half carrying deficit ...