S&P Global Ratings said it has downgraded the commonwealth of Puerto Rico's general obligation secured debt to D (default) from CC following the commonwealth's default on debt service due July 1.
Puerto Rico GO Debt Downgraded to D by S&P
Published July 07, 2016, 11:38 a.m. EDT
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Updated April 04, 2017, 12:29 p.m. EDT
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