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A draft of the plan in early July indicated that 71.3% of the funding was to come from the federal government.
August 8 -
The governor vowed to disobey Swain’s order, which he said would end Christmas bonuses or lead to "massive layoffs."
August 7 -
The market was quiet on Friday ahead of a $7.5 billion new issue calendar as more than $50 billion in August redemptions frees up cash to buy bonds.
August 3 -
Municipal bond buyers will get to see a larger than average new issue slate.
August 3 -
The board declined to say what the net impact on the central commonwealth government’s finances would be.
August 2 -
Christian Sobrino Vega takes over directorship of the agency in charge of debt restructuring from Gerardo Portelo Franco,
August 1 -
Puerto Rico issues rallied on a restructuring agreement for the power company, while municipal bond buyers saw some new supply head their way.
July 31 -
Puerto Rico issues rallied after reports the island’s electric company struck a debt restructuring agreement with its bondholders.
July 31 -
Puerto Rico has released three key reports since July 10.
July 30 -
“I realize the urgency of the situation,” U.S. District Court Judge Swain said at the end of the Title III bankruptcy hearing in San Juan.
July 25