February 16, 2016

Steps Toward Settling Puerto Rico’s Debt

How much of Puerto Rico’s overall debt is because of the Puerto Rico Electric Power Authority? 

Puerto Rico’s total debt, most of it in the form of municipal bonds, has a face value of about $72 billion. Of that amount, about $9 billion was issued by the power authority. Read more.

NY Times

Related,
At Puerto Rico’s Power Company, a Recipe for Toxic Air, and Debt - NY Times

How Hedge Funds Deepen Puerto Rico’s Debt Crisis - American Prospect
As Puerto Rico Faces Dec. 1 Payment, “Vulture Fund” Refuses To Negotiate - ValueWalk

Hedge Fund Vultures to the Rescue in Puerto Rico (video) - Bloomberg
Hedge funds tell Puerto Rico: lay off teachers and close schools to pay us back - Guardian

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