In the Margins

Puerto Rico's 'debt moratorium,' explained

April 14, 2016

By MarketWatch

House lawmakers have started debating a bill that could lead to a Congress-supervised restructuring of Puerto Rico’s debt. In response, investors were bracing for a "debt moratorium" that could lead to up to $2.4 billion in missed bond payments. Read the original story from MarketWatch.

 

 

Most Read

Top of the Agenda - Compensation
IDC: Directors see modest pay increase in 2021

Independent mutual fund director compensation levels increased in 2021, though the year-on-year change was significantly lower than in 2020, according to new data obtained by Fund Board ...