Puerto Rico creditors asked to take 45 pct cut on debt -sources
Puerto Rico on Friday presented a plan to creditors that asks them to take a deep discount on their debt – an aggregate of around 45 percent, two sources familiar with the situation said, as the debt-ridden island tries to pull itself out of fiscal crisis.
Puerto Rico Non-Profit’s Tax Filings Raise Questions for Governor, Brother
Puerto Rico Governor Alejandro Garcia Padilla urged the public this week to ignore concerns about a corporate-funded charity that lists his brother as the sole employee, even as the media and ethics watchdogs have raised questions about the group’s ...
Exclusive: Puerto Rico creditors asked to take 45 percent cut on debt - sources
The plan would see four tranches of bonds exchanged into two new bonds with different structures. Haircuts on the debt would differ according to which bonds are being exchanged and would reflect the current trading of those bonds, the sources said, with ...
Puerto Rico creditors asked to take 45 percent haircut on debt: Source - CNBC
Puerto Rico creditors asked to take 45 percent haircut on debt: Source CNBC NEW YORK/SAN JUAN - Puerto Rico on Friday presented a plan to creditors that asks them to take a deep discount on their debt - an aggregate of around 45 percent, two sources familiar with the situation said, as the debt-ridden island tries to pull ... |
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