All posts tagged "default"

• 
  Organizations exhort lawmakers to oppose Cofina restructuring bill

  Say measure would benefit 'most powerful creditors, mostly vulture funds, over the bondholders of the island'

  • Posted November 1, 2018
• 
  Puerto Rico Infrastructure Financing Authority announces it will default

  Bondholders entitled to receive payment from insurer Ambac

  • Posted June 29, 2018
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  Watch Bloomberg Interview with García Padilla on Creditor Talks

  SAN JUAN – Gov. Alejandro García Padilla tells Bloomberg Markets’ David Gura that Puerto Rico now has more leverage in negotiating with creditors following enactment of the Puerto Rico Oversight, Management and Economic Stability Act. Watch the interview here: www.bloomberg.com

  • Posted July 12, 2016
• 
  Assured Guaranty Pays Insured Bondholders Following Puerto Rico Default

  Says will continue to try to achieve consensual agreements despite commonwealth's "contempt for the rule of law"

  • Posted July 8, 2016
• 
  Rosselló: Administration Turned its Back on Puerto Ricans who Invested in Island Bonds

  Says governor's fiscal policy has taken retirement systems to their critical condition

  • Posted July 2, 2016
• 
  Puerto Rico Defaults on Over $800M of Constitutionally Protected Debt

  Yet government covers roughly half of the $2B due across credits July 1

  • Posted July 1, 2016
• 
  Debt Strikes at Midnight

  Puerto Rico plummets toward July 1

  • Posted June 30, 2016
• 
  Bonistas del Patio Offers Debt Restructuring Proposal

  Bondholder group says commonwealth could pay public debt

  • Posted June 27, 2016
• 
  Fitch Downgrades Prepa Revenue Bonds to ‘C’

  Negative Watch maintained

  • Posted June 27, 2016
• 
  Days Before Deadline, Senate to Consider Puerto Rico Bill

  Votes could come as soon as Wednesday

  • Posted June 27, 2016