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Climate Change Could Make Borrowing More Expensive
Emily Chasan
Bloomberg
... Hurricane Maria was devastating for the residents of Puerto Rico, it hurt debt investors, too. Some of the island’s bonds plunged more than 40 percent after the storm flooded the island, knocked out its electric power, and clobbered its economy.
https://finance.yahoo.com/news/climate-change-could-borrowing-more-100009664.html
Climate Change Could Make Borrowing More Expensive
Emily Chasan
Bloomberg
... Hurricane Maria was devastating for the residents of Puerto Rico, it hurt debt investors, too. Some of the island’s bonds plunged more than 40 percent after the storm flooded the island, knocked out its electric power, and clobbered its economy.
https://finance.yahoo.com/news/climate-change-could-borrowing-more-100009664.html