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KM Financial Solutions | Puerto Rico creditors end opposition to bank debt restructuring
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Puerto Rico creditors end opposition to bank debt restructuring

04 Oct Puerto Rico creditors end opposition to bank debt restructuring

Posted at 19:35h in News by
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Puerto Rico’s unsecured
creditors will drop their opposition to a deal to restructure
roughly $4 billion of debt issued by the U.S. commonwealth’s
defunct Government Development Bank (GDB), under an agreement
revealed on Friday.

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