How 2 bond insurers came to own key Detroit real estate after the bankruptcy
In the aftermath of Detroit's bankruptcy, two bond insurers became owners of some high-profile city real estate. Here's what happened next.
Source: yahoo.com
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Creditors say the PREPA plan of adjustment is not confirmable
The bondholders charge bad faith in negotiations and want no plan employed until all appeals are exhausted.
Source: bondbuyer.com
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Source: financialcontent.com
Parties still far apart on how much bondholders should get
A consensual plan of adjustment is unlikely to be reached, according to one observer.
Source: bondbuyer.com
PREPA parties argue about bond claim size
One analyst says the final figure will be closer to the Puerto Rico Oversight Board's estimate than the bondholders'.
Source: bondbuyer.com