(Archive / GFR Media)

New York - Three of Puerto Rico's primary institutional bondholders sent a letter to the Oversight Board (OB), in which they support the extension to the stay on litigations provided by PROMESA. They also noted that the Fiscal Plan for Puerto Rico (FPPR) does not comply with the aforementioned federal act, that it would not allow the Island to return to the capital markets, and that it is continuously changing the rule of law, leaving the repayment of the debt behind.

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