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Five-Day Extension for PREPA

FAFAA believes they could reach a better agreement, and that they will negotiate with the other bondholders, with or without mediation

1 de abril de 2017 - 8:48 AM

Archival note
This content was published more than 7 years ago.
The current RSA entails having the debt principal of PREPA’s uninsured bondholders cut back by 15%. (Archivo / GFR Media)
The current RSA entails having the debt principal of PREPA’s uninsured bondholders cut back by 15%. (Archivo / GFR Media)

For the sixteenth time in the last 14 months, the Puerto Rico Electric Power Authority’s (PREPA) creditors extended the agency’s debt restructuring support agreement (RSA).

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