Bob Chirinko Quoted In Bond Buyer Article On Reducing Pension Payments
Bob Chirinko was quoted in a June 12th article on Puerto Rico appearing in the Bond Buyer (the daily newsletter for the municipal bond market) concerning the recent agreement on reducing pension payments. The Puerto Rico Oversight Board reached a deal to reduce proposed cuts to government pensions in what it called a “crucial step” toward presenting a restructuring plan for the central government's $25 billion of bonds and loans. Read more here.