Puerto Rico creditors hoping the commonwealth exits its more than four-year bankruptcy in 2021 will need to wait a bit longer as the U.S. Department of Justice may weigh in on the process.
U.S. District Court Judge Laura Taylor Swain is reviewing Puerto Rico’s plan to restructure $33 billion of debt, including $22 billion of bonds, after finishing closing arguments Tuesday on the debt adjustment plan. The hearings ended after hurricanes, earthquakes, political upheaval and the coronavirus pandemic postponed the bankruptcy process for years.
"Exit" - Google News
November 24, 2021 at 02:23AM
https://ift.tt/3xiU8He
Puerto Rico's Bankruptcy Exit Likely Pushed Out to 2022 - Bloomberg
"Exit" - Google News
https://ift.tt/2zNkU0N
https://ift.tt/2YrnuUx
Bagikan Berita Ini
0 Response to "Puerto Rico's Bankruptcy Exit Likely Pushed Out to 2022 - Bloomberg"
Post a Comment