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Oversight Board is working on bondholders agreement

The entity and the government study the impact of the pandemic on the island's debt restructuring plan under PROMESA Title III.

4 de junio de 2020 - 2:45 PM

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This content was published more than 4 years ago.
Natalie Jaresko, executive director of the Oversight Board. (GFR Media)
Natalie Jaresko, executive director of the Oversight Board. (GFR Media)

The Oversight Board has until July 15 to explain to Judge Laura Taylor Swain what will happen with the Plan Support Agreement (PSA) between Puerto Rico and the Lawful Constitutional Debt Coalition (LCDC) and other creditors and, therefore, with the plan the entity proposed to renegotiate some $18.757 billion in constitutional debt.

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