A federal board that oversees Puerto Rico's finances is proposing paying cash and offering new bonds to bondholders seeking ...
NEW YORK, June 2 (Reuters) - A turnaround plan released by Puerto Rico utility PREPA seems to suggest the need or the intent to restructure debt, S&P analyst Jeff Panger said on Tuesday. PREPA on ...
As Puerto Rico goes through its bankruptcy process, U.S. Rep. Rob Bishop, R-Utah, chairman of the U.S. House Committee on Natural Resources, is putting his thumb on the scale. He wants the Financial ...
“I don’t think you can say it’s a crisis, but they have challenges — high debt, weak economies and unfunded pensions,” said Jim Millstein, whose firm, Millstein & Co., advised Puerto Rico on its ...