Tag Archives: PROMESA

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The Ball Is Rolling

Author: Shaun Burgess, Post Date: August 16, 2018
Market Commentary Puerto Rico

August has brought welcome news for the Commonwealth of Puerto Rico and for creditors eager to see a resolution to the bankruptcy process that started more than two years ago with the passage of the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA). There is now a restructuring agreement for Sales Tax (COFINA) bondholders […]