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prima:Governor analyzes measure that would give credit to local investors affected by bankruptcy

According to the Bonistas del Patio organization, the proposal is “a relief for a loss that was enormous”

February 6, 2023 - 10:14 AM

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This content was published more than 1 year ago.
Jorge Irizarry dijo que la oferta de Bonistas del Patio será amplia porque la gran mayoría de los bonistas individuales poseen diversos créditos del gobierno.
Jorge Irizarry, executive director of Bondistas del Patio, said that the bill aims to help bondholders residing in Puerto Rico who lost money in bankruptcy. (Andre Kang)

Puerto Rico governor Pedro Pierluisi asked the Fiscal Agency & Financial Advisory Authority (AFAAF, Spanish acronym) to explore whether the Fiscal Oversight Board would endorse the creation of a tax credit to benefit bondholders who suffered losses due to the island´s debt restructuring process.

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