Puerto Rico: Government seeks bond swap in proposed restructuring deal

posted by
February 2, 2016
ABC News    
Posted in News

"Puerto Rico's government is pushing a bond swap with creditors to help generate revenue as U.S. legislators prepare to consider creating an oversight authority to help pull the island out of a deepening economic crisis. The U.S. territory on Monday released details of a proposed restructuring deal that would help reduce a portion of its $72 billion public debt and cap debt payments at 15 percent of government revenues." (02/01/16)


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