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Puerto Rico gets investors" OK to reduce debt load by $24 billion, inching closer to the end of bankruptcy

Reuters/Alvin Baez Puerto Rico struck a deal with bondholders Sunday that reduces debt by $24 billion while agreeing to pay back debt 10 years sooner than before. Puerto Rico has s.....»»

Category: topSource: businessinsiderFeb 11th, 2020

AT&T to sell Puerto Rico business as it looks to pay down debt

Liberty Latin America will pay $1.95 billion in the deal, which also includes U.S. Virgin Islands operations......»»

Category: topSource: foxnewsOct 10th, 2019

AT&T to sell certain assets in Puerto Rico, U.S. Virgin Islands for $1.95 billion

AT&T Inc said on Wednesday it would sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd for $1.95 billion, as the second-largest U.S. wireless carrier cuts its huge debt pile......»»

Category: topSource: reutersOct 9th, 2019

Puerto Rico Bondholders Agree to $35B Debt Restructuring Deal

This article was originally published on ETFTrends.com......»»

Category: topSource: foxnewsJun 18th, 2019

Puerto Rico reaches key deal with power company bondholders

Puerto Rico's government has reached a key debt restructuring deal with a group that bought bonds issued by the U.S. territory's power company......»»

Category: topSource: foxnewsMay 3rd, 2019

Exclusive: New York Fed cracks down on Puerto Rico banks following Venezuela sanctions

U.S. sanctions on Venezuela have led the New York Federal Reserve to crack down on Puerto Rico's $50 billion offshore banking industry, according to four sources and a document seen by Reuters......»»

Category: topSource: reutersApr 18th, 2019

Puerto Rico debt adjustment plan not "realistic" in April: official

Puerto Rico debt adjustment plan not 'realistic' in April: official.....»»

Category: topSource: moneycentralMar 18th, 2019

US releases Puerto Rico debt crisis report, offers solutions

A U.S. government report Wednesday detailed how Puerto Rico accumulated som.....»»

Category: topSource: foxnewsMay 9th, 2018

Puerto Rico reaches deal with some power company bondholders

Puerto Rico's government has reached a deal with a bondholder group to restructure more than a third of the debt owed by its troubled power company as the utility moves toward privatization......»»

Category: topSource: foxnewsJul 30th, 2018

Trump Today: Trump Today: President touts readiness for Hurricane Florence and calls Puerto Rico response ‘unappreciated’

President Donald Trump said federal responders are “supplied and ready” for the looming Hurricane Florence, as he criticized San Juan’s mayor and signed an order authorizing sanctions against foreigners who interfere in American elections......»»

Category: topSource: marketwatchSep 12th, 2018

Board finalizes a Puerto Rico debt deal for $17B in savings

A federal control board overseeing Puerto Rico's finances has finalized a debt-restructuring deal that represents nearly a quarter of the U.S. territory's $70 billion public debt load......»»

Category: topSource: foxnewsSep 21st, 2018

Puerto Rico Needs A Better Debt Deal

Puerto Rico Needs A Better Debt Deal.....»»

Category: topSource: seekingalphaOct 10th, 2018

Puerto Rico’s ‘Inept Politicians’ Want to Use Federal Disaster Aid to Pay Debt, Trump Says

Puerto Rico is expecting billions in disas.....»»

Category: europeSource: fortuneOct 23rd, 2018

Hedge Funds Descend On Puerto Rico As Biden Tax Threat Looms

Hedge Funds Descend On Puerto Rico As B.....»»

Category: blogSource: zerohedgeMay 11th, 2021

Biden administration taps Warren ally to lead Office of Federal Student Aid, a promising sign for efforts to wipe out student debt

Sen. Warren, who pushed for his appointment, said he would "apply his fearlessness and expertise to protecting student loan borrowers." John Minchillo/ AP Richard Cordray, former head of the CFPB, is set t.....»»

Category: topSource: businessinsiderMay 3rd, 2021

NerdWallet: How to get rent help, plus ways to protect your credit if you’re facing eviction

Owing your landlord can lead to credit damage, collections calls and lawsuits. If you’re behind on your rent, start exploring your options for dealing with this debt......»»

Category: topSource: marketwatchMay 3rd, 2021

The end of pandemic-related lockdown is bringing a wave of cocaine to Puerto Rico

Puerto Rico has strategic value for traffickers moving drugs to the US because of its status .....»»

Category: smallbizSource: nytMay 2nd, 2021

The 19 Best Movies Starring Joaquin Phoenix

Joaquin Phoenix was born in Puerto Rico in 1974 and raised in Los Angeles and Florida. He began acting in television series in the 1980s. He was in the news even before he became a star as the........»»

Category: blogSource: 247wallstApr 27th, 2021

1 in 9 people in Puerto Rico left the territory in the last decade, new US Census data release shows

The territory saw the largest percent decrease in population of any US state or territory, according t.....»»

Category: smallbizSource: nytApr 27th, 2021

ICF International awarded $46M contract by Government of Puerto Rico

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 26th, 2021