Legislative Trial Balloon for Puerto Rico Public Corporation Insolvency Process Attracts Bondholder Attention
By EsqSocial Corporation 18/03/14
Last Tuesday, Puerto Rico sold its much ballyhooed $3.5 billion in non-investment grade general obligation bonds. Two days later, two legislators in Puerto Rico’s Senate filed a bill which, if enacted, would permit insolvency filings by Puerto...
By: Mintz Levin - Public Finance Matters