Puerto Rico Debt Restructuring Hits Snag In Public Clash

A plan to pull Puerto Rico out of a type of bankruptcy by 2021 has hit a major obstacle after a new member that U.S. President Donald Trump appointed to a federal control board overseeing the island’s finances rejected the immediate filing of a debt restructuring proposal

BING NEWS:
  • Puerto Rico debt restructuring hits snag in public clash
    SAN JUAN, Puerto Rico ... debt restructuring proposal. Justin Peterson, who once advised creditors in financial disputes involving Puerto Rico and Argentina, abruptly dropped out of the board’s ...
    11/27/2020 - 11:00 am | View Link
  • Puerto Rico debt restructuring hits snag in public clash
    The other board members said they would continue negotiations with creditors as Puerto Rico restructures a portion of its more than $70B public debt load in an ongoing bankruptcy-like proceeding ...
    10/30/2020 - 8:48 am | View Link
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