Hints and tips:
...Now the stage is set for negotiations with creditors despite the report containing “very little detail in terms of what [Governor Padilla] was planning in terms of restructuring the debt”, says Joseph Rosenblum...
...Joseph Deane, head of Pimco’s municipal bonds team — which shed all its Puerto Rican exposure some time ago — says a disorderly outcome and extended courtroom clashes looks like the most likely scenario....
International Edition