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BRIEF-S&P downgrades Puerto Rico Sales Tax Financing Corp subordinated sales tax bonds to 'D' from 'CC'
June 13, 2017 / 11:01 PM / 3 months ago

BRIEF-S&P downgrades Puerto Rico Sales Tax Financing Corp subordinated sales tax bonds to 'D' from 'CC'

June 13 (Reuters) - S&P -

* Puerto Rico Sales Tax Financing Corp subordinated sales tax bonds downgraded to ‘D’ from ‘CC’ on missed interest payment

* S&P, on Puerto Rico Sales Tax Financing Corp, says an acceleration of court order , could potentially affect relative recovery between bondholders Source text : bit.ly/2rY3po8

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