All posts tagged "restructurings"
San Juan mayor to challenge Puerto Rico gov’t bank restructuring in court
Says bill to be considered during special session prevents mayors from claiming GDB-held deposits
- Posted July 28, 2017
Obama’s Fiscal 2017 Budget Proposal Includes Puerto Rico-Related Measures
SAN JUAN — As part of his administration’s fiscal year 2017 budget proposal, President Barack Obama is asking Congress to include several measures aimed at improving Puerto Rico’s treatment under federal healthcare and tax-credit programs. The proposal also...
- Posted February 9, 2016
U.S. House holds Hearing on Fiscal Control Board for Puerto Rico
SAN JUAN – The U.S. House Indian, Insular & Alaska Native Affairs Subcommittee, chaired by Rep. Don Young (R., Alaska), held a hearing Tuesday on the potential establishment of a federal fiscal control board on Puerto Rico....
- Posted February 2, 2016
Sources: Debt-restructuring Talks with Creditors to Resume this Week
SAN JUAN – The Puerto Rico government will resume this week debt-restructuring talks with its creditors, with meetings between advisers representing the sides set to take place on Friday, Jan. 29, Caribbean Business sources said Tuesday. During a...
- Posted January 26, 2016
Puerto Rico Revises Fiscal Plan, Restructuring Proposal to Creditors
SAN JUAN – The Puerto Rico government’s fiscal team will hold Friday a conference call with creditors’ advisers in which a new fiscal & economic growth plan (FEGP) will be presented by the commonwealth, according to a...
- Posted January 15, 2016
Argentina Seeks Better Terms for $10B of Defaulted Debt
BUENOS AIRES, Argentina – Argentine Finance Minister Alfonso de Prat-Gay says the country is in a position to negotiate better terms for $10 billion in defaulted debt. The government began talks Wednesday with so-called holdout creditors in...
- Posted January 13, 2016