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prima:PREPA bondholders are not entitled to receive payments from the central government

The First Circuit Court of Appeals concluded that the claim filed by the trustee, US National Bank, falls into a class under the Reorganization Plan that does not entail any payment

September 24, 2026 - 6:20 PM

The decision came nearly two months after an oral hearing to examine the nature of the claim filed by the PREPA debt trustee against the central government. (Suministrada .)

US National Bank’s attempts to secure a portion of the central government’s funds for the bondholders of the Puerto Rico Electric Power Authority (PREPA) through the central government’s restructuring came to nothing on Wednesday, when the First Circuit Court of Appeals ruled that their claim does not warrant any payment.

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