Bottom line — bond holders of Puerto Rican debt didn't get paid.

基本上来说，波多黎各债有者没有得到还款。

Whereas the additional tier 1 bond holders have been wiped.

而额外 1 级债的有人已经被抹去。

Argentina defaulted on its debts on Wednesday after a last minute talks with the group of bond holders collapsed.

周三，与这些债有人进的最后谈话破裂后，阿根廷再次违约。

Typically, bond holders take precedence over shareholders.

通常，债有人优先于股东。

But pension funds are not the only bond holders that may face liquidity issues.

但养老基金并不是能面临流动性问题的债有人。

And all of this is encoded in the covenant between him and the bond holders.

所有这切都被编码在他和债有人之间的契约中。

They're allowed to charge the public for the use of their things in order to pay back the bond holders.

他们被允许向公众收取使用其物品的费用，以偿还债有人。