The extension of Chapter 9 provisions governing the adjustment of municipal debt in Puerto Rico would be a positive and important development for Puerto Rico and holders of debt of its public utilities and public ...
Declines in pricing of Puerto Rico bonds added further pressure to already depressed net asset values of Puerto Rico mutual funds, according to Fitch Ratings, which added that Fitch-rated Puerto Rico fund managers are reacting ...
High-ranking Gov. García-Padilla administration officials came out once again in defense of recent decisions aiming to boost Puerto Rico’s credit and ensure long-term fiscal and economic sustainability — most of which have generated strong backlash ...