Judge Approves Deal to Resolve Puerto Rico Bankruptcy
Published
The plan restructures $33 billion in debt nearly five years after Puerto Rico became the first U.S. state or territory to essentially declare bankruptcy.
#puertorico
Published
The plan restructures $33 billion in debt nearly five years after Puerto Rico became the first U.S. state or territory to essentially declare bankruptcy.
#puertorico
A US federal judge signed a plan to end Puerto Rico's nearly five-year-long bankruptcy battle. The process was unprecedented in US..
The debt restructuring will require budget cuts for the economically weakened U.S. territory, but it is also likely to lower..