Puerto Rico Highways and Transportation Authority

The Puerto Rico Highways and Transportation Authority (“HTA”) is a public corporation created pursuant to Act No. 74 of June 23, 1965, as amended. HTA was created for the purpose of constructing, operating and maintaining Puerto Rico’s toll road network, major highways and mass transportation facilities.
 

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On May 21, 2017, the Financial Oversight and Management Board for Puerto Rico (“FOMB”), at the request of Governor Rosselló Nevares, commenced a Title III case for the Puerto Rico Highways and Transportation Authority (“HTA”) by filing a petition for relief pursuant to Section 304(a) of PROMESA, 48 U.S.C. § 2164(a), in the United States District Court for the District of Puerto Rico. As such, HTA is currently a debtor in a proceeding under the Title III of PROMESA, 48 U.S.C. § 2161, et seq. Pursuant to Section 315(b) of PROMESA, 48 U.S.C. § 2175(b), the FOMB serves as HTA’s representative in its Title III. HTA’s Title III proceeding is being jointly administered with the Commonwealth’s Title III proceeding for procedural purposes only in the United States District Court for the District of Puerto Rico under Case No. 17-BK-03283-LTS. The Title III case docket can be accessed for free by clicking here.