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Puerto Rico Completes Its First Debt Restructuring Deal

The U.S. territory of Puerto Rico said Thursday that it had completed its first debt-restructuring deal since the government announced it was bankrupt more than three years ago, giving creditors overall $550 in new bonds for each $1,000 they held.    The agreement was finalized with creditors holding more than $4 billion in debt issued by the now-defunct Government Development Bank. The bank once issued loans and oversaw the island's debt transactions but ceased operations in...

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