Search for 3 Things To Know About Puerto Rico’s Debt Crisis on Bing

Not all Puerto Rican bonds were created equal.

Topics:  puerto rican   
BING NEWS:
  • NCLA Tells Department of Education Its Newest Student Loan Debt Cancellation Plan Is Unlawful
    Supreme Court overturned the Department of Education’s previous $430 billion plan to cancel student loan debt via the HEROES Act, taking advice NCLA offered in its amicus curiae brief against the ...
    05/17/2024 - 12:52 pm | View Link
  • Estudios Técnicos: Puerto Rico has ‘very serious’ housing affordability problem
    The Affordable Housing Index, prepared by Puerto Rico-based economic research firm Estudios Técnicos Inc., continued to show housing affordability issues on the island at the end of 2023.
    05/16/2024 - 10:03 pm | View Link
  • EVERTEC Announces Successful Repricing of Existing Term Loan B
    “We are pleased with the strong market demand for our debt, which provided an opportunity to further improve our capital structure and cash flow profile and demonstrates our strong performance and ...
    05/16/2024 - 5:47 pm | View Link
  • PREPA judge rejects motion on payment capacity
    The bond parties opposed to the plan of adjustment have already argued the Puerto Rico Oversight Board's electricity projections are too pessimistic, Judge Swain said.
    05/16/2024 - 5:52 am | View Link
  • Fiscal Board asks Swain not to reopen PREPA’S bankruptcy file
    The agency rejected that the public corporation or its subscribers can pay more than the offer already on the negotiating table ...
    05/16/2024 - 2:31 am | View Link
  • More
BING SEARCH:
  • What Exactly is in the New Agreement Between Puerto Rico's Board and ...
    Puerto Rico’s public sector debt is confusing. Which in turn makes the proposed restructuring confusing. But the public sector debt can broadly be divided into four buckets: The sales tax...
    05/17/2024 - 5:02 am | View Website
  • Puerto Rican government-debt crisis
    Around $30 billion, or about 42% of Puerto Rico's outstanding debt, is owned by residents of Puerto Rico. They and local businesses are the parties that are most affected by the government cuts and the increased taxes that have been imposed to stabilize the island's finances.
    05/16/2024 - 5:35 pm | View Website
  • Puerto Rico formally exits bankruptcy following largest public debt ...
    By Associated Press. SAN JUAN, Puerto Rico — Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in U.S. history after announcing...
    05/16/2024 - 10:26 am | View Website
  • Puerto Rico: A U.S. Territory in Crisis
    The deal cuts $33 billion in total debt obligations down to $7.4 billion, lowering Puerto Rico’s annual debt payments from nearly $4 billion to just over $1 billion.
    05/16/2024 - 8:10 am | View Website
  • Puerto Rico's power company holds a massive debt. A key hearing to ...
    Updated 1:06 PM PDT, March 4, 2024. SAN JUAN, Puerto Rico (AP) — A key hearing over the future of Puerto Rico’s crumbling power company and its staggering $9 billion debt began Monday in federal court following years of acrimonious talks between the U.S. territory’s government and creditors seeking to recover their investments.
    05/16/2024 - 6:22 am | View Website
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