Puerto Rico Utility Reaches Deal With Bond Insurers in Effort to Avoid Default by MARY WILLIAMS WALSH

By MARY WILLIAMS WALSH

Prepa, Puerto Rico’s power monopoly, said that two bond insurers had agreed to take part in a five-year restructuring plan that would give it $115 million toward a $177 million payment due Jan. 1.

Published: December 24, 2015 at 12:00AM

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