GO bondholders ask for invalidation of COFINA structure
January 11, 2017
The Ad Hoc Group of Puerto Rico General Obligation bondholders addressed a memo Tuesday to island policymakers claiming the unconstitutionality of the Sales Tax Financing Corp., known as COFINA, and asking for its invalidation.
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PREPA extends RSA agreement with creditors
December 16, 2016
The Puerto Rico Electric Power Authority, Puerto Rico’s publicly owned electricity provider, announced Thursday an extension of the Restructuring Support Agreement to March 31, 2017.
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GDB bondholders seek to continue court challenge
July 5, 2016
Puerto Rico Government Development Bank bondholders filed a motion to ensure that they may continue to pursue their constitutional challenges to the Puerto Rico Emergency Moratorium and Financial Rehabilitation Act, Law 21 of 2016, known as the “Moratorium Act.”
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