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Judge Taylor Swain reserves ruling on GDB agreement

95 percent of bondholders who responded to the consultation process endorsed debt adjustment

14 de septiembre de 2018 - 10:30 AM

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This content was published more than 6 years ago.
Image of the Government Development Bank in Minillas. (GFR Media)
Image of the Government Development Bank in Minillas. (GFR Media)

Judge Taylor Swain reserves ruling on GDB agreementThe intention of the Unsecured Creditors Committee (UCC) to stop the voluntary debt adjustment of the Government Development Bank (GDB) under Title VI of PROMESA was suspended after Judge Laura Taylor Swain hold her ruling at the end of yesterday's hearing in Hato Rey Federal Court.

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