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Life of PREPA debt extended
The revision of the RSA raises from five to eight years the moratorium on the payment of the principal
Archival note
This content was published more than 7 years ago.
18 de abril de 2024
76°nublado
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The Government announced yesterday that the Puerto Rico Electric Power Authority (PREPA) and its creditors had reached preliminary understandings with respect to the changes to the Restructuring Support Agreement (RSA) in effect, that increase from five to eight years the moratorium on the payment of the debt’s principal, but maintains at 15% the reduction on that obligation.
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