Puerto Rico Infrastructure Debt Sinks to All-Time Low on Default

  • Prices slump below 10 cents on the dollar for first time
  • $35.9 million of infrastructure payments will be skipped

Inside Puerto Rico's New Year's Eve Debt Bill

Puerto Rico’s infrastructure bonds fell to an all-time low after commonwealth officials said the island would skip $35.9 million of payments on the securities and instead divert the money to other debt.

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