Puerto Rico Bondholders Agree to $35B Debt Restructuring Deal
This article was originally published on ETFTrends.com.
The oversight board given the tenuous position of trying to restructure a deal with the bondholders of Puerto Rico can finally breathe a sigh of relief. A $35 billion deal was finally reached with bondholders–an amount that equates to almost half of the country’s indebtedness. In a release, the oversight board said the deal would [...]