Puerto Rico's utility PREPA 2014 operating income down 37 pct
NEW YORK, Feb 1 (Reuters) - Puerto Rico's utility PREPA, which has been negotiating a restructuring deal with creditors, on Monday released its financial statements for 2014, showing a 37 percent slide in operating income for the year. Operating income for ...
Puerto Rico Offers Washington $23B Debt Restructuring Plan
The old US$49.2 billion of debt would be exchanged for US$26.5 billion of fresh “base bonds.” Puerto Rico unveiled Monday an offer it made to its creditors to restructure US$49.2 billion of existing debt, slashing debt repayments by almost US$23 billion.
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