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The strong performance may strengthen bondholders' hand in negotiating Puerto Rico bond restructuring.
August 6 -
The board says more than $1.7 billion in revenue is at stake in fiscal years through 2024.
July 8 -
The Supreme Court will rule on both the legality of the board members' appointments and the validity of their rulings since appointment.
July 3 -
The board anticipates spending $596 million for COFINA and GDB debt service.
July 1 -
Signed on June 30, 2016, the Puerto Rico Oversight, Management, and Economic Stability Act sent Puerto Rico’s bondholders and residents on a difficult odyssey that is far from over.
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The Puerto Rico Treasury now expects 33.6% more revenue in the fiscal year than the original projection.
June 28 -
German Ramirez and Richard Prann of HJ Sims talk from Puerto Rico about the situation on the island and discuss COFINA and the IRS, what's new with the GDB bonds and with the commonwealth's GOs. Chip Barnett hosts.
June 25 -
Puerto Rico CFO Rafael Maldonado Gautier said that some Treasury professionals have been selling influence, issuing false licenses, and trying to extort him.
June 24 -
They say a ruling in the Aurelius case reinforces their contention that the Puerto Rico Oversight Board is a federal body.
June 20 -
The U.S. Supreme Court agreed to hear a case that could upend the work of the oversight board tasked with pulling Puerto Rico out of its record bankruptcy.
June 20