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The deal continues to offer better recoveries for the guaranteed Public Building Authority debt than for general obligation debt, but trading of the GOs blew up with more than $180 million exchanging hands to higher prices.
February 23 -
Net revenues in the first six months were $5.19 billion. Without postponed income tax revenues from the prior fiscal year, this figure would have been $4.711 billion.
February 18 -
The Oversight Board asked the court to extend its deadline for submitting various documents including a term sheet to restructure the central government debt.
February 10 -
No ruling was issued and the judges' sympathies could not be easily deciphered.
February 5 -
The board aims to improve transportation resources on the island.
February 1 -
The Economic Activity Index was down 0.4% from October.
January 19 -
Ambac says that PROMESA is against the Constitution's call for uniform bankruptcy codes.
January 12 -
Gov. Pedro Pierluisi says Francisco Rodríguez Dosal is experienced in the construction and infrastructure industry.
January 11 -
Even with the November increase, General Fund Revenues collected from July to November were 5% below those of 2019.
January 8 -
Three of seven board members will be from the original group.
January 6