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They Will Resort to Mediation
The Oversight Board and the Government seek to employ the method used in Detroit to renegotiate the debt
Archival note
This content was published more than 7 years ago.
The Oversight Board and the Government seek to employ the method used in Detroit to renegotiate the debt
WASHINGTON/SAN JUAN – With the schedule imposed by PROMESA weighing on them, the Oversight Board (OB) and the Government of Puerto Rico said yesterday, in separate statements, that they would speed up the process of voluntary negotiations with the bondholders.
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