In 1932 Franklin Delano Roosevelt was elected overwhelmingly on a campaign promising a New Deal for the American people. Roosevelt worked quickly upon his election to deliver the New Deal ...

Under the terms of the deal, El Salvador repurchased $1.03 billion worth of its bonds at discounts to par. The buyback was financed through the issuance of new notes, which were all sold to a ...

JPMorgan Chase & Co. has wrapped up a $1 billion refinancing deal for El Salvador, equivalent to roughly 14% of the country’s debt, in an arrangement that will help it channel funds toward the ...