Monday, August 3, 2015

Puerto Rico Defaults on Most of Debt Payment

Puerto Rico missed most of a $58 million bond payment Monday, the first default by the U.S. commonwealth in what may become one of the largest restructurings in the history of the $3.7 trillion market for debt sold by U.S. state and local governments.

from WSJ.com: US Business http://ift.tt/1VXBEE7
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