Puerto Rico will sell $10.2 million of general obligation bonds and remarket another $88.1 million of GOs on Wednesday or Thursday to help ward off higher interest charges and accelerated principal payments set to kick in next month on public improvement debt that became bank bonds in April.

The commonwealth will begin paying 5.25% interest on $96.8 million of daily-rate Series 2007A-4 GO public improvement bonds beginning Oct. 3 and will face higher principal payments on Oct. 13 unless it addresses the debt before then.

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