$129 Billion Puerto Rico Bankruptcy Plan Could Be Model for States

Puerto Rico government general obligation bonds issued in:

Dec. 2012 Moody’s

downgrades Puerto

Rico’s general obligation

bonds to one notch above

junk status, sending the

bonds’ values lower.

Feb. 2014 Values fall again

when the general obligation

bonds are downgraded to junk

status.

June 2015 Bond prices tumble further as

Puerto Rico‘s governor says the island will ask

bondholders to accept less than they’re owed.

Sept. 2017 Hurricane Maria hits Puerto Rico,

and bond values plummet amid fears the island

ill never be able to pay its debt