Next step after tribe’s default not yet certain

It’s not the kind of milestone that warrants a parade. Without acknowledging it overtly, the Mashantucket Pequot Tribe officially defaulted Wednesday on a $21.25 million bond-interest payment that was due in full a month earlier. At the time, the tribe made a partial payment of about $14.2 million. Wednesday marked the end of a 30-day grace period for the balance.

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Next step after tribe's default not yet certain

URL: https://indiancountrymedianetwork.com/news/next-step-after-tribes-default-not-yet-certain/