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The bond's Official Statement warned not to expect payments on time.
March 9 -
Puerto Rico bankruptcy judge Laura Taylor Swain ordered Wednesday what some said was an overly aggressive schedule for approving a central government debt restructuring.
March 4 -
The plan still faces formidable opposition from multiple parties.
March 2 -
A former Puerto Rico bankruptcy attorney says the firms have conspired to break the law so as to advance their financial interests over those of their clients.
February 27 -
Puerto Rico-based creditors took steps Tuesday to oppose the two biggest proposed restructurings of the commonwealth's bonds.
February 26 -
The money is for post-Maria reconstruction costs.
February 25 -
Although not perfect, this is the type of deal that members of Congress envisioned when authoring PROMESA.
February 20 -
The governor tells the judge it makes no sense to commence a process aimed at approving the plan without her support.
February 19 -
Elí Díaz Atienza will leave his posts as PRASA executive director and liaison to the oversight board later this month.
February 18 -
Having rejected a Puerto Rico Oversight Board request to dismiss the challenges to the restructuring because it would be extremely difficult to undo, a U.S. appeals court is about to entertain the board's arguments on the challenges' substance.
February 14