Watch VideoPuerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in U.S. history after announcing nearly seven years ago that it was unable to pay its more than $70 billion debt.
The exit means that the U.S. Caribbean territory’s government will resume billion-dollar...
Puerto Rico Exits Bankruptcy After Grueling Debt Negotiation
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Puerto Rico exits bankruptcy after grueling debt negotiation
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt..
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