We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Shark Island

20 April 2016 By Kevin Allison

A bill allowing the U.S. territory to restructure $70 bln of debt has stalled, with critics arguing imprudent states might try to follow suit. Yet relief for the island would come with pain. And a process which forces a haircut on creditors could be just what the market needs.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)