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U.S. Justice Department responds to hedge funds seeking reimbursement for Oversight Board impairments to bonds.
May 22 -
The ripple effects of Puerto Rico's bankruptcy may be less onerous for state special revenue credits than some investors thought.
May 20 -
Justifying the latest bid to recover funds related to illegally issued debt, the board says the legislature failed to authorize the pension system bonds.
May 20 -
An IRS opinion that the existing bonds are tax-exempt is key to the exchange offer.
May 17 -
The delay of $220 million of pension savings is the latest "upsetting piece of news for bondholders."
May 16 -
The board and the governor remain about $500 million apart on spending.
May 14 -
Municipal bond market participants are keeping one eye on the sale calendar and the other on the equities market.
May 10 -
The anticipated surplus for fiscal years 2019 through 2013 has dropped to $11.6 billion from $15.1 billion, leaving less money for debt service and capital spending.
May 9 -
The plan continues a cut to the pension system found in earlier versions.
May 9 -
New expectations for disaster funding, gross national product growth rates, and population may change projections of money for debt.
May 8