Puerto Rico Said to Present Debt-Restructuring Plan Friday

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By Michelle Kaske (Bloomberg)

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01/26/16 | Puerto Rico Said to Present Debt-Restructuring Plan Friday
Puerto Rico plans to meet with creditors on Friday and present a long-awaited proposal that would inflict losses on bondholders as the commonwealth seeks to reduce a $70 billion debt burden that island officials call unsustainable, according to two people familiar with the discussions.
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