Thursday, July 31, 2014

Lenders to Puerto Rico Utility Extend Payment Deadline by MICHAEL CORKERY

This is a blog post from Ari Pregen's Blog



By MICHAEL CORKERY


The Puerto Rico Electric Power Authority owes about $800 million on two main credit lines. But if the banks force the utility to pay immediately, that could increase their likelihood of losses.


Published: July 31, 2014 at 4:00AM


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