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IN THE UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

In re:

The Financial Oversight and Management Board for 

Puerto Rico, 

as representative of

The Commonwealth of Puerto Rico, et al.

Debtors.1

PROMESA

Title III

No. 17 BK 3283-LTS

(Jointly Administered)

The Official Committee of Unsecured Creditors 

of the Commonwealth of Puerto Rico,

as agent of

The Financial Oversight and Management Board 

For Puerto Rico

as representative of

The Commonwealth of Puerto Rico,

Plaintiff,

-vBettina Whyte,

as agent of

The Financial Oversight and Management Board 

For Puerto Rico

Adv. Proc. No. 17-257 (LTS)

 

1 The Debtors in these title III cases, along with each Debtor’s respective title III case number listed as a bankruptcy 

case number due to software limitations and the last four (4) digits of each Debtor’s federal tax identification 

number, as applicable, are the (i) Commonwealth of Puerto Rico (Bankruptcy Case No. 17-BK-3283 (LTS)) (Last 

Four Digits of Federal Tax ID: 3481), (ii) Employees Retirement System of the Government of the Commonwealth 

of Puerto Rico (“ERS”) (Bankruptcy Case No. 17-BK-3566(LTS)) (Last Four Digits of Federal Tax ID: 9686), (iii) 

Puerto Rico Highways and Transportation Authority (“HTA”) (Bankruptcy Case No. 17-BK-3567 (LTS)) (Last 

Four Digits of Federal Tax ID: 3808), (iv) Puerto Rico Sales Tax Financing Corporation (“COFINA”) (Bankruptcy 

Case No. 17-BK-3284 (LTS)) (Last Four Digits of Federal Tax ID: 8474); and (v) Puerto Rico Electric Power 

Authority (“PREPA”) (Bankruptcy Case No. 17-BK-4780) (Last Four Digits of Federal Tax ID: 3747).

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as representative of

The Puerto Rico Sales Tax Financing 

Corporation,

Defendant.

THE PUERTO RICO FUNDS’ INFORMATIVE MOTION

REGARDING APRIL 10, 2018 COMMONWEALTH-COFINA HEARING

Certain Puerto-Rico based mutual funds (collectively, the “Puerto Rico Funds”),2hereby 

submit this informative motion and request to be heard pursuant to the Court’s Order Regarding 

the Location and Procedures for Attendance, Participation and Observation of the April 10, 

2018 Commonwealth-COFINA Hearing [Docket No. 411], and respectfully state as follows: 

1. Jason N. Zakia of White & Case LLP will appear in person on behalf of the 

Puerto Rico Funds at the hearing on April 10, 2018 in Courtroom 17C of the United States 

District Court for the Southern District of New York. 

2. Mr. Zakia will be prepared to address, on behalf of the Puerto Rico Funds, the 

Mutual Fund Group’s and Puerto Rico Funds’ Motion for Summary Judgment [Docket. No. 

318], and other pleadings filed by the Puerto Rico Funds relating to summary judgment in the 

above-captioned proceeding. Mr. Zakia will also be prepared to address any statements made by

any party in connection with the title III cases or any adversary proceeding pending therein.

 

2 The Puerto Rico Funds are the following Puerto Rico-based funds: Puerto Rico AAA Portfolio Bond Fund 

II, Inc.; Puerto Rico AAA Portfolio Bond Fund, Inc.; Puerto Rico AAA Portfolio Target Maturity Fund, Inc.; Puerto 

Rico Fixed Income Fund, Inc.; Puerto Rico Fixed Income Fund II, Inc.; Puerto Rico Fixed Income Fund III, Inc.; 

Puerto Rico Fixed Income Fund IV, Inc.; Puerto Rico Fixed Income Fund V, Inc.; Puerto Rico Fixed Income Fund 

VI, Inc.; Puerto Rico GNMA & U.S. Government Target Maturity Fund, Inc.; Puerto Rico Investors Bond Fund I; 

Puerto Rico Investors Tax-Free Fund, Inc.; Puerto Rico Investors Tax-Free Fund, Inc. II; Puerto Rico Investors TaxFree Fund III, Inc.; Puerto Rico Investors Tax-Free Fund IV, Inc.; Puerto Rico Investors Tax-Free Fund V, Inc.; 

Puerto Rico Investors Tax-Free Fund VI, Inc.; Puerto Rico Mortgage-Backed & U.S. Government Securities Fund, 

Inc.; Tax-Free Puerto Rico Fund, Inc.; Tax-Free Puerto Rico Fund II, Inc.; Tax-Free Puerto Rico Target Maturity 

Fund, Inc.; and UBS IRA Select Growth & Income Puerto Rico Fund. 

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WHEREFORE, the Puerto Rico Funds respectfully request that the Court take notice of 

the foregoing. 

I HEREBY CERTIFY that I electronically filed the foregoing with the Clerk of the 

Court using the CM/ECF system, which will notify case participants. 

RESPECTFULLY SUBMITTED.

In San Juan, Puerto Rico, April 6, 2018.

By: /s/ Alicia I. Lavergne Ramírez

Alicia I. Lavergne Ramírez

USDC-PR 215112

SÁNCHEZ PIRILLO LLC

270 Muñoz Rivera Avenue, Suite 1110

San Juan, PR 00918

(787) 522-6776

(787) 522-6777

alavergne@sanpir.com

Counsel for Puerto Rico AAA Portfolio Bond 

Fund II, Inc., Puerto Rico AAA Portfolio Bond 

Fund, Inc., Puerto Rico AAA Portfolio Target 

Maturity Fund, Inc., Puerto Rico Fixed Income 

Fund, Inc., Puerto Rico Fixed Income Fund II, 

Inc., Puerto Rico Fixed Income Fund III, Inc., 

Puerto Rico Fixed Income Fund IV, Inc., Puerto 

Rico Fixed Income Fund V, Inc., Puerto Rico 

Fixed Income Fund VI, Inc., Puerto Rico 

GNMA & U.S. Government Target Maturity 

Fund, Inc., Puerto Rico Investors Bond Fund I, 

Puerto Rico Investors Tax-Free Fund, Inc., 

Puerto Rico Investors Tax-Free Fund, Inc. II, 

Puerto Rico Investors Tax-Free Fund III, Inc., 

Puerto Rico Investors Tax-Free Fund IV, Inc., 

Puerto Rico Investors Tax-Free Fund V, Inc., 

Puerto Rico Investors Tax-Free Fund VI, Inc., 

Puerto Rico Mortgage-Backed & U.S. 

Government Securities Fund, Inc., Tax-Free 

Puerto Rico Fund, Inc., Tax-Free Puerto Rico 

Fund II, Inc, Tax-Free Puerto Rico Target 

Maturity Fund, Inc. and UBS IRA Select Growth 

& Income Puerto Rico Fund

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