Wednesday, December 30, 2015

Puerto Rico to Make Crucial Debt Payment

Gov. Alejandro García Padilla said Puerto Rico will make the most crucial of its roughly $1 billion in bond payments due Jan. 1, in a bid to stave off creditor lawsuits. About $37 million in payments on bonds with weaker legal protections will be missed.

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