All posts tagged GDB

AAFAF issues updated RFQs related to GDB restructuring
August 21, 2017, No Comments

The Fiscal Agency and Financial Advisory Authority, or AAFAF, updated two requests for qualification (RFQ) for roles rel ...

GDB, creditors reach debt restructuring agreement
May 16, 2017, No Comments

Gov. Ricardo Rosselló announced Monday that the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, for ...

Op-Ed: First public hearing on debt audit: Will it happen?
April 14, 2017, No Comments

Imagine that the Puerto Rico Commission for the Comprehensive Audit of the Public Credit is operating and that it calls ...

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 ...

Bacó: GDB should not be liquidated, must be re-focused
August 2, 2016, No Comments

The fate of the Puerto Rico Government Development Bank should not be liquidation, but rather a refocus to return to pro ...

Bacó confirmed as acting president of GDB
August 1, 2016, No Comments

Economic Development and Commerce Secretary Alberto Bacó will take on an additional role in Gov. Alejandro García-Padi ...

Bonistas del Patio blasts GDB debt restructuring law
July 28, 2016, No Comments

Bonistas del Patio Inc., which groups Puerto Rican bondholders holding about $15 billion in Commonwealth debt, called Go ...

Acosta to step down as GDB chief after ‘3 ½ tough years’
July 8, 2016, No Comments

Saying she “did the best she could with the tough hand that was dealt” and ending 12 years of public service, Puerto ...

GDB bondholders seek to continue court challenge
July 5, 2016, No Comments

Puerto Rico Government Development Bank bondholders filed a motion to ensure that they may continue to pursue their cons ...

P.R. gov’t, creditor talks break off despite trading offers
June 22, 2016, No Comments

Following the Puerto Rico government’s confirmation Tuesday that negotiations with Rico Sales Tax Financing Corporatio ...