Fiscal Agency and Financial Advisory Authority (PROMESA)

Deal to restructure Puerto Rico power company debt crumbles as some bondholders walk away

SAN JUAN (AP) — A plan to restructure more than $9 billion in debt held by Puerto Rico’s ailing power company hit […]

John McCarthy / September 4, 2023

SAN JUAN (AP) — A new plan for restructuring $10 billion in debt owed by Puerto Rico’s power company was

WASHINGTON (AP) — The Supreme Court ruled Thursday against an organization of Puerto Rican journalists in its quest for documents from the

John McCarthy / January 30, 2019

SAN JUAN — Attorneys representing bondholders hit by a recent request to dismiss more than $6 billion of Puerto Rico’s

John McCarthy / January 15, 2019

SAN JUAN — A federal control board that oversees Puerto Rico’s finances is asking a court to invalidate more than

[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] SAN JUAN — Bankrupt Puerto Rico plans to save money by closing as many as

[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] SAN JUAN — Puerto Rico government officials said Friday they will not bow to demands

John McCarthy / January 18, 2018

[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] SAN JUAN — A billion-dollar emergency loan approved by Congress to help Puerto Rico deal with