Gov: Paying $354M due depends on creditor talks
December 1, 2015
A decision by the Puerto Rico government to make the $354.7 million payment on Government Development Bank Senior Notes due today will come down to the wire and will depend on the outcome on talks ...
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Moody’s says Puerto Rico ‘likely to default’ next month
November 12, 2015
Moody’s Investors Service on Wednesday released a report in which it predicted that Puerto Rico is “likely to default” on some of its debt service payments due in December, as “its liquidity pressure grows.”
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Perelló: ‘The only option P.R. has now is to negotiate’
November 10, 2015
Puerto Rico House Speaker Jaime Perelló said Monday the island’s “only option” regarding its $73 billion debt is continue moving on the path of negotiating with creditors.
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