Monoline bond insurers

Insurance Journal  Jan 22  Comment 
A second lawsuit over Puerto Rico’s debt default will be joined with a similar suit in order to save time and money and avoid inconsistent rulings, a U.S. federal judge said on Thursday. Financial Guaranty Insurance Co., or FGIC, sued …
New York Times  Jan 8  Comment 
Two bond insurers sued Puerto Rico on Thursday over missed payments, and Governor Alejandro García Padilla again asked Congress for bankruptcy access.
Yahoo  Jan 8  Comment 
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New York Times  Dec 24  Comment 
Prepa, Puerto Rico’s power monopoly, said that two bond insurers had agreed to take part in a five-year restructuring plan that would give it $115 million toward a $177 million payment due Jan. 1.
Wall Street Journal  Dec 19  Comment 
The Puerto Rico Electric Power Authority reached a preliminary agreement with bond insurers to restructure the utility’s finances, a key step toward completing the first deal that would grant debt relief to the U.S. commonwealth.
Wall Street Journal  Dec 10  Comment 
Talks between Puerto Rico’s power authority and bond insurers that back its debt have stalled, highlighting difficulties in creditor negotiations.


God, I feel like I suhold be takin notes! Great work

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