OBoard reaches deal with P.R. creditors to restructure $35B in debt
February 10, 2020
The Financial Oversight and Management Board for Puerto Rico has reached an agreement with certain Commonwealth bondholders to resolve $35 billion of debt and non-debt claims via a revised plan of adjustment. The new agreement ...
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UPR, Justice Dept. head initiative to reduce property registry backlog
February 5, 2020
The Financial Oversight and Management Board for Puerto Rico welcomed today a new initiative to reduce the backlog of property deeds and other documents yet to be registered in Puerto Rico. This initiative was launched ...
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Analysis: Mistaken assumptions on recovery funds could stump P.R.’s future growth
December 9, 2019
The Financial Oversight and Management Board for Puerto Rico’s admission that there will be significantly less federal recovery money flowing into the island could stump the island’s future growth and debt restructuring talks, an analysis ...
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