Puerto Rico Bondholders Agree to $35B Debt Restructuring Deal
June 18, 2019 at 08:30 AM EDT
The oversight board given the tenuous position of trying to restructure a deal with the bondholders of Puerto Rico can finally breathe a sigh of relief. A $35 billion deal was finally reached with bondholders–an amount that equates to almost half of the country’s indebtedness. In a...