All posts tagged "restructuring"
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IEEFA Puerto Rico: 43 Members of Congress declare the PREPA deal fatally flawed – they are right
Puerto Rico utility needs to reduce legacy debt and introduce independent monitor
- Posted July 10, 2019
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Invitation to exchange Puerto Rico Cofina bonds issued
For tax-exempt bonds less than 25 points lower than yield on those exchanged
- Posted June 11, 2019
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Puerto Rico fiscal board expects pacts with 70% of creditors by next summer
At annual convention of Puerto Rico Manufacturers Association, island's Economic Freedom Index revealed
- Posted June 3, 2019
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Puerto Rico power utility chief assures restructuring agreement will be reached soon
Says it will address the issue of receivership
- Posted April 25, 2019
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Swain’s World: Cofina Plan of Adjustment One Step Closer to Reality
Judge Swain to Determine Adequacy of Cofina Disclosure, Aims to Settle Dispute by Early Next Year
- Posted November 19, 2018
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Puerto Rico credit unions seek estimate of their Cofina claims
Say Sales Financing Corp. disclosure statement doesn't reveal what each creditor class will receive from $17 billion restructuring
- Posted November 14, 2018
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Puerto Rico fiscal board, gov’t welcome court approval of Government Development Bank restructuring
Say it represents a milestone for island’s debt restructuring process
- Posted November 6, 2018
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Cofina bondholder groups stress benefits of restructuring deal
Issue statement after local groups urged lawmakers to oppose La Fortaleza bill
- Posted November 5, 2018
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Prepa’s Restructuring Accord Lacks Meaningful Reforms
Sources: Without Credible Regulatory Body Like Energy Commission, Electric Utility Won’t Be Able to Complete its Integrated Resource Plan
- Posted October 19, 2018
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Proposals for Puerto Rico power company concessions expected to be revealed in 1st quarter
Preliminary restructuring agreement estimated to save over $3 billion in debt service payments during next 20 years
- Posted October 16, 2018