P.R. gov’t fetches $11.6M for former ‘Sears property’ in Hato Rey; 13 other assets on the block
September 3, 2018
The government of Puerto Rico has sold a commercial lot, known as the “former Sears property” in Hato Rey — held in the defunct Government Development Bank’s portfolio — for $11.6 million.
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Proposed tax incentives add ‘layer of complexity’ to P.R.’s difficulties
August 7, 2018
The government’s attempt to overhaul Puerto Rico’s tax code into an easy-to-monitor regime “adds yet another layer of complexity” to the island’s already complicated situation.
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P.R. gov’t reaches preliminary restructuring support agreement with PREPA bondholders
July 31, 2018
The Financial Oversight and Management Board for Puerto Rico, the Puerto Rico Electric Power Authority, and the Fiscal Agency and Financial Advisory Authority have reached an agreement with the Ad Hoc Group of PREPA bondholders.
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