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The Board returns to the negotiating table
One proposal is to reduce by 15% of the debt of banks and uninsured bondholders
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This content was published more than 7 years ago.
One proposal is to reduce by 15% of the debt of banks and uninsured bondholders
Washington - The Oversight Board in charge of public finances in Puerto Rico renewed negotiations with the creditors of the Puerto Rico Electric Power Authority (PREPA) yesterday, in order to avoid the restructuring of debt of that corporation debt going to the new Territorial Bankruptcy Court.
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