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In favor of SUT agreement
Quinn Emanuel assures that the deal would speed up debt restructuring
Archival note
This content was published more than 7 years ago.
3 de julio de 2025
76°ligeramente nublado
The initial agreement between agents representing the Puerto Rico Sales Tax Financing Corporation (Cofina, Spanish acronym) and the central government, and that would put an end to the dispute over the Sales and Use Tax (SUT), should be interpreted as a step forward in the island's debt restructuring process and, if completed, may represent a relief between $ 7 and $ 8 billion to the Puerto Rican treasury, said Daniel Salinas, one of the attorneys representing the Cofina Senior Bondholders Coalition.
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