16-01-2019 12:16 via kvoa.com

Judge hears major Puerto Rico debt restructuring case

SAN JUAN, Puerto Rico (AP) — Dozens of protesters are crowding outside a federal courthouse in Puerto Rico as a judge prepares to hear a major debt restructuring case that critics say will only further indebt the U.S. territory if approved.
Wednesday’s hearing involves more than $17 billion worth of debt backed by sales-tax bonds that the government issued. It represents nearly a third of Puerto Rico’s overall bonded debt. The restructuring plan was recently approved after more
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