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Hedge funds want Puerto Rico to borrow more cash

New York Post - 22 Apr 2016 04:18
Hedge funds want Puerto Rico to borrow more cash Some hedge fund investors in Puerto Rico's debt, staring at the possibility they will be forced to take a severe haircut as part of a reorganization of the territory, have recently floated a novel plan: Have the island's government borrow even more money, The Post has learned. Several funds that  own Puerto Rico's general obligation...
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