Thursday, December 12, 2013

...the payment must be in cash... - Metro

The Government of Puerto Rico settled a debt of $ 400 million in cash to Barclays Capital, according to The Wall Street Journal.
According to the article, the payment must be in cash because the island has not been able to return to the bond market for funding, as it has negative ratings on their credit.
Responds to a debt issuance of notes in anticipation of bonds made by the Government through the Department of Finance and the Government Development Bank

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