All posts tagged "GDB"

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  Puerto Rico legislator condemns alleged fraud scheme at government bank

  Rep. Natal assures illegality of public debt has been confirmed

  • Posted August 2, 2017
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  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
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  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
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  Sobrino Ready to Take on His Three Roles

  Legislation looms for GDB’s restructuring deal

  • Posted July 28, 2017
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  Puerto Rico gov’t details bills for retirement systems, Development Bank

  Legislation would pave the way for transition to pay-go system for pension benefits, GDB's restructuring agreement

  • Posted July 27, 2017
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  San Juan sues fiscal board over Gov’t Development Bank deal

  Alleges it was excluded from negotiations and that bank will use city revenue to pay its debt

  • Posted July 27, 2017
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  Fiscal Board certifies Puerto Rico budget with changes

  At its 8th public meeting, an additional $13 million cut was imposed on the Legislature; GDB, HTA, Prepa and Prasa budgets certified

  • Posted June 30, 2017
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  PDP Senator urges GDB president to publish bond issuance documents

  Public back-and-forth continues

  • Posted June 26, 2017
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  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
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  P.R. Government: Participation in GDB’s RSA Will Be Achieved

  Banks could still end up in a Title III bankruptcy process

  • Posted June 17, 2017