Money managers, value investors and analysts are eyeing Dec. 1, when $355 million of notes issued by the Government Development Bank come due.
Puerto Rico could be completely illiquid by November, pushing it closer to defaulting on major debt payments, top officials said.
Puerto Rico's Government Development Bank for Puerto Rico said "the discussions did not result in a mutually acceptable arrangement."
Puerto Rico has a lot of work ahead before it can count on help from Washington, congressional leaders said at a hearing.
Puerto Rican officials are proposing a huge raft of changes to address their island's $72 billion debt burden.
The way each of the debt deadlines played out may leave holders of Puerto Rico's paper with more questions than much-needed answers.
Puerto Rico faces three major debt-related deadlines next week, all with potentially severe monetary consequences.
As another key debt payment date closes in, here's a primer on what you should know, and who it will impact the most ahead of this week's deadline.
With the S&P 500 advancing 11 percent since last year's Sohn Investment Conference, here's a rundown on the winners and losers for the year.
Apple attorneys proved a class representative's iPod was purchased after the class period ended. What will the judge do now?