Puerto Rico Creditors Move To Halt Gov't Bank Restructuring

By Alex Wolf (August 23, 2018, 4:25 PM EDT) -- Unsecured creditors in Puerto Rico's historic debt overhaul filed court papers Wednesday to block the out-of-court restructuring of $4.1 billion in debt held by the island's Government Development Bank, saying the pending deal essentially strips the commonwealth of potentially valuable claims against the bank....

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