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Government and bondholders closer to court

Rosselló warns he will activate Tittle III of PROMESA if creditors refuse to accept proposals

1 de mayo de 2017 - 8:40 AM

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This content was published more than 7 years ago.
Rosselló assured that negotiations with the bondholders are ongoing. (GFR Media)
Rosselló assured that negotiations with the bondholders are ongoing. (GFR Media)

In light of demands from a group of creditors for the full payment of the debt, and after opting to lobby in Washington against the funds claimed by the government of Puerto Rico, governor Ricardo Rosselló warned yesterday that he would have no other recourse than to head for court.

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