US Treasury chief: all Puerto Rico debt needs restructuring – StreetInsider.com

US Treasury chief: all Puerto Rico debt needs restructuring – StreetInsider.com


StreetInsider.com
US Treasury chief: all Puerto Rico debt needs restructuring
StreetInsider.com
WASHINGTON (Reuters) – U.S. Treasury Secretary Jack Lew said on Tuesday that Puerto Rico was “for all practical purposes” in default and needed a full restructuring of all its debt, including general obligation bonds. “Restructuring is going to have to

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US Treasury chief: all Puerto Rico debt needs restructuring – StreetInsider.com