Puerto Rico Agency Fails to Make September Interest PaymentBy
Public Finance Corp. misses $4 million payment to bondholders
Interest payment skipped as recovery plan expected next week
Puerto Rico’s Public Finance Corp., which in August became the commonwealth’s first debt issuer to default on its obligations, failed to pay bondholders an additional $4 million of interest due Sept. 1.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.