对冲基金和养老金领取者争夺波多黎各欠他们的债务付款

在波多黎各的破产申请之后,对冲基金正在与美国领土的工人竞争获得报酬。该岛已保证退休人员和工人490亿美元的福利。但是,联邦任命的监督委员会预计,它必须将养老金成本降低10%。

Even worse for bondholders, they could get less than 25% of what bondholders are owed. This is true even for bondholders with General Obligation debt, which was supposed to have been constitutionally guaranteed. Creditors that own COFINAs, Puerto Rico sales tax bonds, are being offered up to 58 cents on the dollar should the territory’s finances get better. Both sides will appear in federal court in San Juan Puerto Rico in an attempt to try to work out a deal.

It was just recently that Puerto Rico’s oversight board submitted for Title III bankruptcy protection to help lower Puerto Rico’s $74 Billion of debt and deal with the Commonwealth’s pension crisis. Under Title III, the island can make pension recipients accept reduced benefits.

Now, a coalition made of retiree groups have requested that U.S. District Judge Laura Taylor Swain, who is assigned to preside over Puerto Rico’s bankruptcy case, establish an official committee representing pensioners who worked for the government. This group has not been allowed into negotiations involving the territory and bondholders. Also, a labor group representing over 12,300 Commonwealth workers and retirees want a court to decide that Puerto Rico Governor Ricardo Rossello’s fiscal plan is illegal because of the pension cuts it is proposing. Their complaint is on hold at the moment.

本月早些时候,持有14亿美元一般义务保证金的对冲基金于三年前出售,对波多黎各提起诉讼,要求向他们支付过去的应付费用。对冲基金持有19亿美元的Cofinas起诉,以防止州长Rossello的财政计划将收入从营业税将收入转移到普通基金中。

上周,2013年该地区市政垃圾产品的波多黎各债券的价值下降了。一般义务债券以美元发行的价格为93美分,5月9日以超过100万美元的价格交易。以超过100万美元的价格交易。较小的地块以58.4美分的价格购买。

Not long after Puerto Rico filed for bankruptcy protection, bond insurer Assured Guaranty Ltd. sued the territory’s federal oversight board, accusing it of going beyond its purview when it ordered that no more than $797 Million be paid yearly in debt service for the next 10 years. That figure is less than 25% of the $3.5 Billion owed on average to creditors annually.

波多黎各债券欺诈
Ssek Partners Group,我们的波多黎各债券和债券基金律师正在与岛上和大陆的投资者合作。我们代表寻求收回对波多黎各债券和债券基金投资的钱。对于许多散户投资者和企业主来说,这些投资对其投资组合来说太冒险了,而与其投资目标不符。然而,瑞银波多黎各(UBS-PR),桑坦德证券(SAN),东方证券和Banco等经纪公司继续将这些市政债券推向客户,其中许多人没有bob200体育收回他们的钱。有关免费案件咨询,请立即联系我们的波多黎各ubs债券律师。

对冲基金与波多黎各工人争夺首先获得报酬,彭博,2017年5月12日

波多黎各债券保险公司成为第一个挑战重组计划的,《华尔街日报》,2017年5月4日

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