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Talks to restructure Puerto Rico power company debt fail

Por: ABC News World September 18, 2022

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HAVANA -- Mediation talks to restructure more than $9 billion in debt held by ’s power company failed, officials announced Saturday, raising concerns about the future of the bankrupt government agency.A federal control board that oversees Puerto Rico’s finances said the impasse with bondholders means it would resume litigation against them in an attempt to restructure the debt, warning that any cost associated with debt repayment would be... + full article



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