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Hedge Funds Seek Meeting With Puerto Rico Over Oil-Tax Bond Deal

By Tony Seruga

A group of hedge funds headed by Fir Tree Partners is seeking a meeting with Puerto Rico Governor Alejandro Garcia Padilla and senior officials at the Government Development Bank for Puerto Rico to discuss the potential sale of $2.9 billion in oil-tax bonds.

The steering committee for the investor group sent a letter Wednesday to Garcia Padilla and GDB President Melba Acosta asking for the meeting. A copy of the letter was sent to Bloomberg News by Russ Grote, a spokesman for the investors at Hamilton Place Strategies in Washington…

Hedge Funds Seek Meeting With Puerto Rico Over Oil-Tax Bond Deal

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