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Mediation process between the Government and bondholders on hold

Despite the almost two weeks of talks and mutual offers, the parties can’t reach an agreement

27 de abril de 2017 - 8:22 AM

Archival note
This content was published more than 7 years ago.
(GFR Media)
(GFR Media)

After almost two weeks since the Oversight Board (OB) and the Fiscal Agency and Financial Advisory Authority (FAFAA) called the bondholders and insurers of Puerto Rico to a mediation process, the parties have not made substantial progress despite the near end to the automatic stay on litigations provided for in the federal PROMESA law.

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