Puerto Rico

Puerto Rico's electric reliability is likely to continue to deteriorate without access to the capital markets, the investors said.

The study also projected a $1.475 trillion loss to productive infrastructure by 2050.

The plan involves building modern infrastructure and streamlining government operations and delivery of services.

Current Members Andrew Biggs and John Nixon will be reappointed for another three years.

PREPA and its creditors have 30 more days to negotiate a possible debt-cutting deal.

The bondholders have a lien on what has been received and not on what will be received, according to the Oversight Board and Unsecured Creditors.

The bond parties and the Oversight Board are now arguing over the meaning of the word "account."

The judges will take written statements to decide whether to rehear the case, although petitions for rehearing are generally rejected, one observer noted.

The Public Finance Authority, a Wisconsin-based conduit issuer, approved the municipal bond sale for the roads operated by Spanish firm Abertis in a P3.

U.S. District Judge Swain wants the parties to reach an agreement and again threatened to dismiss the case.