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Heftier Fund for Bondholders

The $146 million, which were deposited in a trust fund in February, will be part of the debt renegotiation

17 de marzo de 2017 - 8:46 AM

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This content was published more than 8 years ago.
Yesterday, Rosselló stated that if the Government was granted federal funds from the Affordable Care Act, they would have extra money for the debt.
Yesterday, Rosselló stated that if the Government was granted federal funds from the Affordable Care Act, they would have extra money for the debt. (Wanda Liz Vega Dávila)

Yesterday, Governor Ricardo Rosselló announced that the $146 million earmarked by the Government to pay general obligation (GO) bonds “did not amount to a hill of beans" after the approval of the Fiscal Plan. Instead, it will become part of the money pot used to renegotiate with bondholders.

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