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Puerto Rico Out Of Bankruptcy After Debt Swap

LATAM
  • *Puerto Rico Completes Transaction Restructuring $22b Of Debt (BBG)
  • *Puerto Rico Is Out Of Bankruptcy After Debt Swap (BBG)
  • The transaction effectively ends Puerto Rico’s bankruptcy and resolves a major chunk of the $74 billion of debt that the island and its agencies had racked up when its bankruptcy began in May 2017.

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