Puerto Rico

Puerto Rico Gov. Pedro Pierluisi told lawmakers he would not support a PREPA debt settlement that would cause "extraordinary increases in the cost of electricity."

Robert Mujica Jr.'s experience with New York State debt makes him a good choice, according to an observer.

HTA employees say they will appeal the stay rejection.

The lenders say document will prevent the use of Vitol as a separate consenting impaired class.

Puerto Rico's employment trends are better than its fellow territory's since the onset of the COVID-19 pandemic, say Federal Reserve Bank of New York analysts.

In a fuel line lenders' motion, they requested information about the actual terms of the agreement between the board and Vitol, including the circumstances under which Vitol's commitment to vote in favor of the plan arose.

Revenues were up while economic activity slipped, with some observers suggesting Hurricane Fiona may have had a negative impact on the economy.

The appeals court judges seemed unmoved by the arguments.

With 16 days left to the U.S. House of Representatives' session, a bill to raise the rate languishes in committee.

Fuel line attorney questions validity of the party as an impaired class.