Puerto Rico Lenders Said to Hire Ducera Partners as Adviser
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A group of Puerto Rico bondholders hired one of the newest financial advisory firms to represent it as the island seeks to restructure its $72 billion of debt, according to three people with knowledge of the matter.
The bondholders, which own the U.S. commonwealth’s Government Development Bank debt, chose Ducera Partners on Thursday, said the people, who asked not to be identified because the information is private.