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Board Executive Director Natalie Jaresko News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As Plan of Adjustment becomes effective, restructured Puerto Rico debt hits market

Puerto Rico completed the exchange of more than $33 billion of existing bonds and other claims into $7 billion of new bonds plus cash and CVIs on Tuesday.

Puerto ricoOmar marreroNatalie jareskoDavid skeelConvention center district authorityUniversity of puerto ricoPension reserveMunicipal bus authorityPublic building authorityFinancial advisory authorityUs district courtPuerto rico infrastructure finance authorityPuerto rico fiscal agencyOversight board chairman davidOversight boardFiscal agency

Puerto Rico board bypasses legislators, approves debt payments

The Oversight Board also approved a new fiscal plan for the Highways and Transportation Authority.

Puerto ricoNatalie jaresko puertoNatalie jareskoAaron weitzmanLaura taylor swainPopular democratic party representativesTransportation authorityUs district courtPuerto rico electric power authorityPuerto rico oversight boardGeneral fundUse taxes contingent value instrumentsContingent valuePuerto rico oversightEconomic stability actPuerto rico house

Puerto Rico disclosure law signed

The law concerning bankruptcy advisor disclosures comes after the SEC fined Oversight Board advisor McKinsey in November.

Puerto ricoRobert menendezNatalie jareskoLaura taylor swainExchange commissionPartners incTransportation authorityMckinsey coPuerto rico oversight boardPresident joe bidenPuerto rico recovery accuracyDisclosures actOversight boardNydia velD new yorkJudge laura taylor swain

Puerto Rico board files new Plan of Adjustment that treats pensions better

The board's 8th debt restructuring plan improves funding for a pension trust as well as eliminating cuts to benefits for current retirees, just ahead of the confirmation hearing that begins Monday.

Puerto ricoNatalie jaresko puertoPeter heinNatalie jareskoAaron weitzmanPension reservePuerto rico oversight boardConfirmation hearingRico actBoard executive director natalie jareskoPension reserve trustMonday puerto ricoCommonwealth of puerto ricoPuerto rico public buildings authorityPuerto rico infrastructure financial authorityPuerto rico highway amp transportation authority

Puerto Rico bankruptcy judge orders mediation, threatens dismissal

Judge Laura Taylor Swain contemplates dismissing the bankruptcy, which would leave bondholders in position to sue for full payment.

Puerto ricoRafael hernMartin bienenstockSusheel kirpalaniPedro pierluisiLuis dalmauNatalie jareskoLaura taylor swainUnsecured creditors committeePuerto rico senateMediation team leader barbara houserJudge laura taylor swainOversight boardBoard executive director natalie jareskoMediation team leader barbaraConfirmation hearing

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