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Puerto Rico gets investors' OK to reduce debt load by $24 billion, inching closer to the end of bankruptcy

Business Insider Tuesday, 11 February 2020
Puerto Rico gets investors' OK to reduce debt load by $24 billion, inching closer to the end of bankruptcy**

· *Puerto Rico struck a deal with bondholders Sunday that reduces debt by $24 billion while agreeing to pay back debt 10 years sooner than before.*
· *Puerto Rico has struggled as two hurricanes hit the island months after it had filed for bankruptcy.*
· *Wanda Vázquez, governor of Puerto Rico, opposes the new deal on...
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Credit: Wibbitz Studio - Published
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