Puerto Rico Journalists Sue Government To Reveal Hedge Fund Names

(Reuters) Journalists in Puerto Rico, a U.S. territory negotiating with bondholders to restructure up to $72 billion of debt, are suing the government to release the names of hedge funds that hold bonds issued by the Caribbean island.

“The information is of great public interest, as investment firms seeking to collect debt are trying to influence financial decisions and public policy to ensure their profits,” Puerto Rico’s Center for Investigative Journalism said in a statement posted on its website on Monday.

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