All posts tagged "default"
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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
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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
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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
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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
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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
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Bonistas del Patio Offers Debt Restructuring Proposal
Bondholder group says commonwealth could pay public debt
- Posted June 27, 2016
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Days Before Deadline, Senate to Consider Puerto Rico Bill
Votes could come as soon as Wednesday
- Posted June 27, 2016