IEEFA: Oversight Board warns Puerto Rico bonds could be worthless
February 7, 2024
In July 2017, the Oversight Board rejected a debt agreement for PREPA, explaining that the deal was not in the best interests of Puerto Rico. #NewsismyBusiness
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Urban Edge Properties cuts $44M in debt for Las Catalinas Mall property
September 1, 2023
The company secured a new 10-year $82 million mortgage provided by Banco Popular de Puerto Rico. #NewsismyBusiness
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Op-Ed: New Puerto Rico bond deal: Another unsustainable transaction that makes matters worse
December 23, 2022
A careful review of the 400 pages of explanation and the 96-page plan confirm why this plan is unsustainable.
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