Fitch: Puerto Rico Plan Next Step Towards Restructuring

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NEW YORK--(BUSINESS WIRE)--The Puerto Rico Fiscal and Economic Growth Plan (FEGP) released yesterday is another indication that the commonwealth plans to broadly restructure its debt, and all of its credits are at risk of restructuring. The government's direction and interactions with debtholders are highly dynamic, limiting the predictability of outcomes. The rating for all of the commonwealth debt rated by Fitch is 'CC', Rating Watch Negative, which indicates Fitch's view that default of some

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