The deal, which will still need to be approved by the judge overseeing the bankruptcy process, provides for an approximately 30% average haircut for all $35 billion.
from US Top News and Analysis https://ift.tt/37bykiq The deal, which will still need to be approved by the judge overseeing the bankruptcy process, provides for an approximately 30% average haircut for all $35 billion.
Puerto Rico bondholders, oversight board strike $35 billion debt restructuring deal
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February 10, 2020
