Puerto Rico Makes $355 Debt Repayment But Warns of Default

Édité par Ivan Martínez
2015-12-04 14:29:37

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San Juan, December 4 (RHC)-- Puerto Rico has made a $355 million debt payment, even as the governor of the U.S. territory warns Puerto Rico is facing impending default.

There had been speculation that Puerto Rico would default on at least some of the December repayment.

Puerto Rico’s governor Alejandro Garcia Padilla has long warned the U.S. territory is in a "death spiral" and that the staggering $72 billion in debt is "unpayable."



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