KM Financial Solutions | Holdout bondholders join Puerto Rico sales tax debt restructuring
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Holdout bondholders join Puerto Rico sales tax debt restructuring

Holdout bondholders join Puerto Rico sales tax debt restructuring

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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