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Puerto Rico debt deal with 14% less is announced

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.

Puerto ricoDavid skeel puertoVicente felicianoJustin petersonBrian tumultyPedro pierluisiJohn muddDavid skeelConvention center district authorityPuerto rico sales tax finance corpUniversity of puerto ricoYnational public finance guarantee corpPublic finance corpPublic building authorityMunicipal bond research at evercoreSyncora guarantee inc

Puerto Rico Oversight Board argues with Ambac on PROMESA challenge

Ambac says that PROMESA is against the Constitution's call for uniform bankruptcy codes.

Puerto ricoUnited statesMartine bienenstockElizabeth prelogarMartin bienenstockPeter friedmanLaura taylor swainPuerto rico sales tax finance corpSupreme court aureliusUs supreme courtFinancial advisory authorityPuerto rico fiscal agencyPuerto rico oversight boardAmbac assurancePuerto rico oversightEconomic stability act

Trump to name Skeel, González to Puerto Rico Oversight Board

Three of seven board members will be from the original group.

Puerto ricoUnited statesWhite houseDistrict of columbiaAndrew biggsDonald trumpEl nuevoJohn nixonNancy pelosiDavid skeelJustin petersonBetty rosaArthur gonzBrian tumultyAntonio medina comasGeorgia senate

Court rejects Puerto Rico governor suits against Oversight Board

Bankruptcy judge Swain barred the government from implementing and enforcing the revenue and spending laws the Oversight Board had challenged.

Puerto ricoLaura taylor swain puertoJohn muddLaura taylor swainUs district courtJudge laura taylor swainOversight boardTaylor swainPuerto rico attorney johnPuerto rico oversightEconomic stability actWednesday swainCommonwealth of puerto ricoPuerto rico public buildings authorityPuerto rico highway amp transportation authorityPuerto rico infrastructure financial authority

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