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- W2611021579 abstract "As the Commonwealth of Puerto Rico’s new administration returns to the negotiating table with its creditors, both sides and the Oversight Board will be focusing on the financial terms of the restructured debt, including the size of the haircut and which credits will receive the largest share of available surplus for debt service. But beyond these financial issues, there are several other critical decisions to be made as the future of a restructured Puerto Rico takes shape. This article will focus on three important elements, beyond the headline number of debt relief, that Puerto Rico and creditors should be considering as they look to design the restructuring currency that creditors will receive. These three elements may not only facilitate the debt adjustment process (now that PROMESA has been enacted), but they also could create a stronger foundation for Puerto Rico to regain access to the capital markets and attract new investment once its financial challenges have been addressed." @default.
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- W2611021579 date "2017-03-15" @default.
- W2611021579 modified "2023-09-29" @default.
- W2611021579 title "What Should Puerto Rico Offer Its Creditors" @default.
- W2611021579 hasPublicationYear "2017" @default.
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