Moody’s: PREPA still open to consensual restructuring
February 3, 2017
Recent events related to the ongoing negotiation between the Puerto Rico Electric Power Authority and its creditors, including an extension through March 31 of the restructuring support agreement, suggests there’s still room for consensual accords, ...
chat_bubble0 Comment
visibility1197 Views
PR gov’t defaults on $312M in debt, interest due Feb. 1
February 2, 2017
The Commonwealth of Puerto Rico defaulted on $312 million in principal and interest due Feb. 1st by four credit-issuing entities, including constitutionally protected General Obligation bonds, the government confirmed Wednesday.
chat_bubble0 Comment
visibility989 Views
UN: ‘Human rights cannot be sidelined” in PR crisis
January 10, 2017
The United Nations Independent Expert on foreign debt and human rights has called for fair solutions to the huge debt crisis in Puerto Rico, warning that ratcheting up austerity measures will threaten residents’ human rights ...
chat_bubble0 Comment
visibility773 Views
