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Series: The COFINA Agreement

The COFINA Agreement, Part 2: Profits for the Few

by Abner Dennis
November 20, 2018

Even after a “haircut” on COFINA bonds, Wall Street vulture funds and their army of lawyers and lobbyists stand to make hundreds of millions of dollars through Puerto Rico’s debt restructuring.

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The COFINA Agreement, Part 1: The First 40 Year Plan

by Abner Dennis
November 19, 2018

Puerto Rico’s COFINA debt is being restructured, and Wall Street bondholders stand to rake in billions from the deal. (This is part one of a two-part series on the debt restructuring deal).

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