This wiki is a repository for members of the U.S. Congress, other policy makers, academics, investors, the media and the general public to understand the challenges facing Puerto Rico in 2016 and to provide data and information to begin crafting long term sustainable solutions. Click here to view
Puerto Rico’s general obligation bonds — a debt instrument of the local government — have been trading up by a couple of percentage points, to about 67 cents on the dollar, according to a commentary in the Financial Times on Saturday.
The hedge funds and insurance companies that want financially strapped Puerto Rico to pay them back in full may have found a new ally: Donald Trump’s former campaign manager, Corey Lewandowski, ProPublica.com reported.
A U.S. federal appeals court has decided creditors of Puerto Rico's pension bonds are entitled to a hearing on whether they can proceed with a lawsuit against the island's government over a fiscal emergency law it passed last year, Reuters reported yesterday. The U.S.
Puerto Rico's new governor is seeking more time to present a fiscal turnaround plan for the struggling U.S. territory, saying the the Jan. 31 deadline set by the commonwealth's federal oversight board is too tight, Reuters reported. In a letter to the board dated Jan.