News | Noticias

Wall Street Journal: New Puerto Rico Bond Group Starts Negotiations

https://www.wsj.com/articles/new-puerto-rico-bond-group-starts-negotiations-1535564099

Funds holding about $1.9 billion in general obligation bonds split from a rival group in a bid to further broader restructuring efforts

Investment funds owning about $1.9 billion of Puerto Rico’s general obligation bonds have formed a committee to negotiate a consensual restructuring with the commonwealth and the federal oversight board that manages its finances, people familiar with the matter said.

Members of the committee are seeking to differentiate themselves from a pre-existing group of general obligation bondholders that includes Aurelius Capital Management LP,

Fiscal board recommends repeal of gov’s order raising wage for Puerto Rico construction workers

http://caribbeanbusiness.com/fiscal-board-recommends-repeal-of-govs-order-raising-wage-for-puerto-rico-construction-workers/

SAN JUAN – In a letter to Puerto Rico’s governor and Capitol leaders, the island’s Financial Oversight and Management Board for Puerto Rico recommended the governor rescind Executive Order 2018-033, which sets a minimum wage of $15 per hour for those performing work for federally funded construction projects

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Tribunal Internacional Sobre Crimenes de EUA / International Tribunal on US Colonial Crimes in Puerto Rico

October 27, 2018 / 9:00am