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How Will the $73 Billion Puerto Rico Debt Crisis Impact U.S. Markets and Investors?
The Puerto Rico debt crisis kicked into full gear this year when it committed the largest municipal debt default in U.S. history...
The island territory revealed it made only $628,000 (1%) of a $58 million debt-service payment that was due Aug. 1, 2015.
In total, Puerto Rico owes $72 billion.
The Puerto Rico debt crisis kicked into full gear this year when it committed the largest municipal debt default in U.S. history...
The island territory revealed it made only $628,000 (1%) of a $58 million debt-service payment that was due Aug. 1, 2015.
In total, Puerto Rico owes $72 billion.