Financial advisor Citigroup Global Markets, Inc.
Client Financial Oversight and Management Board for Puerto Rico
Start Date 2017-02-00
Is Current yes
Goods Citi will charge $250,000 a month for advice on debt restructuring, creditor negotiations and capital markets. If any transaction were to be made in which the process involves the government issuing new bonds, Citi will charge up to 0.0333% of the value of these bonds, with a $10 million cap, unless it participates as underwriter in the transaction.