Jamaica Local Debt Restructuring Ends With 99% Support, WSJ Says

Jamaica’s restructuring of local bonds ended with about 99 percent of debt holders participating, the Wall Street Journal reported, citing an interview with the head of the country’s debt management unit.

The level of participation in the restructuring is enough to meet International Monetary Fund requirements for a $750 million loan, the newspaper reported.

To contact the reporter on this story: Bill Faries in Miami at wfaries@bloomberg.net

To contact the editor responsible for this story: Andre Soliani at asoliani@bloomberg.net

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