Puerto Rico's long-running bankruptcy could cross the finish line by the en...
SAN JUAN - Puerto Rico’s long-running bankruptcy could cross the finish line by the end of the year under a schedule proposed by the U.S. commonwealth’s federally created financial oversight board, according to a court filing on Monday.
Puerto Rico commenced a form of municipal bankruptcy in May 2017 to restructure about $120 billion of debt and liabilities. “We are doing a great deal in this agreement to protect the people of Puerto Rico and bring us out of bankruptcy,” she told reporters.
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