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Puerto Rico's Debt Crisis: How It Happened And Why A $1 Billion Default Is Coming Friday
Wednesday, June 29, 2016 - 4:12pm | 781On July 1, 2016, Puerto Rico will default on more than $1 billion in general obligation bonds, the island's senior credits protected by a constitutional lien on revenues. -Puerto Rico Governor Alejandro García-Padilla. On Wednesday, García-Padilla wrote an article for CNBC...