All posts tagged "FAFAA"
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Puerto Rico gov’t releases offer to creditors
Proposal includes steep haircuts, three new types of instruments to restructure most of the island's debt
- Posted April 29, 2017
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Puerto Rico gov’t announces signing of Prepa’s RSA
New RSA provides for consensual restructuring process under Promesa
- Posted April 28, 2017
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Puerto Rico Government Seeks Asset Manager
FAFAA issues RFQ for interested firms
- Posted February 24, 2017
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Prepa in 2017 A.D.—After Donahue
When the Alejandro García Padilla administration hired AlixPartners to overhaul the ailing Puerto Rico Electric Power Authority (Prepa), the plan from the outset was to restructure the utility’s $9 billion debt outside the rest of Puerto Rico’s...
- Posted February 16, 2017
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Gov’t Announces BofA Merrill Lynch as Lead Investment Banker
FAFAA also announces pool of banks that would serve as potential 'co-underwriters'
- Posted February 14, 2017
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Elías Sánchez says gov’t to spot and hold funds for debt obligations
Official adds Cofina won't be affected for the time being
- Posted January 25, 2017
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Government will seek to pay both essential services, debt
New law would keep García Padilla's moratorium orders for now
- Posted January 25, 2017
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Fiscal Plan to Pave Way for Creditor Talks
Portela Discusses FAFAA’s New Roles, Initial Strategy in Negotiations
- Posted January 25, 2017
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Puerto Rico Gov’t, Creditor Groups Meet on the Island
Rosselló administration to kick off debt-restructuring talks
- Posted January 18, 2017