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This letter has also come after OB Chairman José Carrión and Rosselló Nevares’s government made separate statements saying that they would look for a mediator to renegotiate the Island’s debt. (Archivo GFR Media)
This letter has also come after OB Chairman José Carrión and Rosselló Nevares’s government made separate statements saying that they would look for a mediator to renegotiate the Island’s debt. (Archivo GFR Media)

Last night, Puerto Rico's primary bondholders, including Oppenheimer Funds, Franklin Advisers, and Santander Asset Management—two out of the four municipal insurers backing the Island’s public debt and almost a dozen hedge funds—, sent a letter to Governor Ricardo Rosselló Nevares and the Oversight Board (OB), where they practically demolish all the assumptions, projections, and estimates contained in the fiscal plan.