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. |