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Bondholders Attack Fiscal Plan
Creditors and insurers leave their disputes aside to claim that the Board and the Government are acting against PROMESA
Archival note
This content was published more than 8 years ago.
12 de marzo de 2025
73°despejado
Last night, Puerto Rico's primary bondholders, including Oppenheimer Funds, Franklin Advisers, and Santander Asset Management—two out of the four municipal insurers backing the Island’s public debt and almost a dozen hedge funds—, sent a letter to Governor Ricardo Rosselló Nevares and the Oversight Board (OB), where they practically demolish all the assumptions, projections, and estimates contained in the fiscal plan.
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