A report on Puerto Rico's financial problems by former International Monetary Fund economists, published by the territory's Government Development Bank on June 29, suggested the U.S. territory reform its labor markets and other areas to improve competitiveness and
potentially restructure its debts.
Not exact matches
Birchbox's executive team led by Beauchamp believes the company's move toward profitability, coupled with the
debt restructuring, gives it a good shot at remaining independent and
potentially raising more capital, according to sources.
Yet on the question of
restructuring the country's
debt or canceling it altogether, the summit agreement is somewhat (and
potentially purposefully) vague.
When companies falter and the equity becomes drained of value, holding the right bonds can allow private equity sponsors to control the
restructuring and
potentially regain ownership after converting
debt into new equity.