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Creditors warn about difficulties to implement the agreement

Unsecured creditors point out that renegotiating Cofina's debt would leave a $ 28 billion deficit

15 de agosto de 2018 - 10:02 AM

Archival note
This content was published more than 6 years ago.
Federal judge Laura Taylor Swain.  (GFR Media)
Federal judge Laura Taylor Swain. (GFR Media)

The Oversight Board has approximately one more month to fine-tune negotiations related to the Puerto Rico Sales Tax Financing Corporation (Cofina) and adjust the fiscal plan before Judge Laura Taylor Swain decides to which entity the Puerto Rico Sales and Use Tax (SUT) belongs.

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