“Harrisburg (9661MF), Pennsylvania’s insolvent capital, says it will miss general-obligation bond payments for the first time next week as its receiver seeks approval for a plan to sell assets.
The city, whose debt load of more than $300 million is five times its general-fund budget, will miss $5.27 million in payments due March 15 on two series of bonds, according to a notice its receiver posted on the Electronic Municipal Market Access system, a database for filings by debt issuers….”
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