Puerto Rico control board will squeeze debt holdouts
The island commonwealth plans to undertake the largest bankruptcy in the history of the US municipal bond market
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In this article
- Fiscal fights
- Failed mediation
- Creditor action
- Control board debt adjustment
- Litigation halted
- Budget deterioration
- Economic strains
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_350.jpg "A demonstrator carries a Puerto Rican flag during a May 1 anti-austerity protest in San Juan, Puerto Rico (Reuters/Alvin Baez)")