PREPA will need 2 more weeks to complete rate case
April 27, 2016
The Puerto Rico Electric Power Authority has asked creditors for a two-week extension through May 13 to file its rate case before the Puerto Rico Energy Commission, which is a key element in the restructuring ...
chat_bubble0 Comment
visibility2382 Views
Moody’s: P.R. will default ‘with or without’ federal action
April 25, 2016
The government of Puerto Rico will default on several debt payments due May 2, including $422 million due from the Government Development Bank, “regardless of whether Congress enacts pending fiscal oversight legislation,” Moody’s Investors Service ...
chat_bubble0 Comment
visibility2095 Views
Local bondholders demand voice in restructuring talks
April 25, 2016
Individual Puerto Rico bondholders announced the creation of Backyard Bondholders seeking to have a unified voice in the negotiations between the commonwealth’s government, the U.S. House of Representatives and other creditors on the restructuring of ...
chat_bubble0 Comment
visibility1682 Views
