13 May Puerto Rico bondholders propose debt deal, oversight board rejects
NEW YORK, May 14 (Reuters) – Puerto Rico’s biggest
bondholder groups on Monday unveiled a proposal to settle a
dispute covering around half of the bankrupt U.S. territory’s
$71.5 billion in debt, a crucial step toward resolving the
storm-ravaged island’s bankruptcy.
bondholder groups on Monday unveiled a proposal to settle a
dispute covering around half of the bankrupt U.S. territory’s
$71.5 billion in debt, a crucial step toward resolving the
storm-ravaged island’s bankruptcy.
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