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COFINA Bondholders Open a Can of Worms
They argue that the Government issued debt unconstitutionally
Archival note
This content was published more than 8 years ago.
11 de mayo de 2025
78°nubes dispersas
For the first time in history, the courts could decide if Puerto Rico has illegally issued debt, after certain primary bondholders of the Puerto Rico Sales Tax Financing Corporation (COFINA, by its Spanish acronym) claimed that the Puerto Rican Government issued debt in violation of the Constitution.
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