Puerto Rico (A Quick Take, Part II)
09/28/19
Coen, Andrew. The Bond Buyer; New York, N.Y., 30 Sep 2019:
Assured Guaranty, which insures a large amount of Puerto Rico debt, came out against the plan.
“Assured Guaranty does not support this plan of adjustment as it is premised on a number of terms that violate Puerto Rico law, its constitution and PROMESA," said Assured spokesperson Ashweeta Durani.
Are we sure the first and second "violations" are relevant for these purposes?
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