Puerto Rico's Fiscal Agency and Financial Advisory Authority said it "is available to assist the municipalities, as financial advisor and fiscal agent of the Government, on any restructuring that it deems necessary."
Bloomberg News
Puerto Rico FAFAA available to help municipalities
September 16, 2022, 2:36 p.m. EDT 1 Min Read
Correction
An earlier version of this article incorrectly stated Puerto Rico's government is taking steps to restructure Municipal Finance Agency bonds and other government debt. The government stated that it had the ability to help, not that a restructuring was planned.
September 21, 2022 5:33 PM EDT
