It’s D-Day For Puerto Rico As $354 Million Payment Comes Due, Padilla Heads To Capitol Hill For Help
by Tyler Durden
ZeroHedge.com
12/01/2015
Puerto Rico faces its moment of truth on Tuesday as the commonwealth must decide whether to default on GO debt and risk triggering a cascade of litigation. Meanwhile, Governor Alejandro Garcia Padilla is on Capitol Hill hoping to drum up support for a plan that would allow for some of the island’s agencies to file for bankruptcy.
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