All posts tagged "prasa"
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Jittery Creditors Leery of Debt-Moratorium Talk
Measure could thwart Prepa, Prasa deals
- Posted March 24, 2016
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Puerto Rico Faces Dry Season as it Emerges from Drought
No Funds to Dredge Reservoirs
- Posted March 14, 2016
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Union Says Prasa Revitalization Bill May Lead to Rate Hike
Labor Leader Says Utility Contracts are Excessive
- Posted March 11, 2016
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House Passes Prasa’s Securitization Bill
The proposed Prasa Revitalization Act would create a new corporation that would issue new debt for the utility.
- Posted March 10, 2016
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House Bill Would Allow Prasa to Sell Bonds
The Puerto Rico House of Representatives is expected to vote today (March 10) on legislation that would create a new public corporation that would allow the P.R. Aqueduct & Sewer Authority (Prasa) to sell its bonds, similar...
- Posted March 10, 2016
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One Giant Leap for Debt Restructuring
In the feral negotiations with 18 different creditor groups being corralled by the commonwealth of Puerto Rico’s advisers, there are formidable challenges ahead in securing deals among competing claims. This frantic context is what makes the separate...
- Posted March 10, 2016
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Prasa Securitization Bill to be Voted on Thursday
SAN JUAN – Since more than 20 pages of amendments were introduced to the proposed Puerto Rico Aqueduct & Sewer Authority Revitalization bill, which would create a securitization mechanism to allow the utility to obtain much-needed external...
- Posted March 7, 2016
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Bernier Backs Prasa Revitalization Bill that Seeks to Avoid Rate Hike
Says He Will Support Initiatives that Avoid Increases to Cost of Living
- Posted February 29, 2016
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Bill Prohibiting Prasa from Charging New Customers Old Debts Stuck in Legislative Limbo
SAN JUAN – New Progressive Party Rep. Luis “Tato” León requested from House Speaker Jaime Perelló and the lower chamber’s majority Saturday that a measure be passed prohibiting the Puerto Rico Aqueduct and Sewer Authority (Prasa) from requiring the payment...
- Posted February 20, 2016