Holdout bondholders join Puerto Rico sales tax debt restructuring
20 Sep Holdout bondholders join Puerto Rico sales tax debt restructuring
Posted at 19:16h
in
News
by KMFSLLP
Two major holders of Puerto Rico bonds
that opposed a restructuring deal for the bankrupt U.S.
commonwealth’s Sales Tax Financing Corporation (COFINA) revenue
bonds are now part of the agreement, the island’s federally
appointed oversight board announced on Friday.
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