All posts tagged "FAFAA"

• 
  Puerto Rico gov’t rejects deal from power utility’s bondholders

  Government has received similar approaches from other creditor groups

  • Posted September 28, 2017
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  San Juan told it has no standing to stop gov’t bank restructuring agreement

  GDB, FAFAA say if vote doesn't take place, creditors could walk away from deal

  • Posted September 1, 2017
• 
  Bond insurer warns Puerto Rico electricity subsidies will lead to ‘isolation’

  Assured stresses that utility must establish rates to pay debt service and other costs

  • Posted August 17, 2017
• 
  Puerto Rico gov’t objects to creditor request for probe into debt

  Argues fiscal board has power to conduct such investigation

  • Posted August 1, 2017
• 
  University of Puerto Rico, bondholders strike agreement

  UPR to transfer $40M to creditors, seeks consensual deal to restructure its debt

  • Posted June 29, 2017
• 
  Puerto Rico fiscal agent: Over 50% of government bank creditors sign restructuring agreement

  Fiscal agency's executive director calls it important step

  • Posted June 19, 2017
• 
  Date for Puerto Rico fiscal board to certify power utility accord extended

  Parties now set June 23 as milestone date

  • Posted June 17, 2017
• 
  Cost of statehood plan for Puerto Rico expected to be revealed Thursday

  Puerto Rico congressional reps won't get a salary, but will have their expenses reimbursed

  • Posted June 15, 2017
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  P.R. Utilities May Be Forced to Provide Service to Gov’t Without Pay

  Bankruptcy process could take three to four years

  • Posted May 23, 2017
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  Puerto Rico gov’t won’t publish documents presented to fiscal board yet

  La Fortaleza calls them 'working documents,' to be released when budget is presented to Legislature

  • Posted May 1, 2017