All posts tagged "Prepa revitalization act"
Prepa Revitalization Act to be Voted on this Week
SAN JUAN – Puerto Rico Senate President Eduardo Bhatia said Monday that the Puerto Rico Electric Power Authority (Prepa) Revitalization Act — a bill that makes way for the restructuring deal struck with a majority of the utility’s...
- Posted February 8, 2016
Bankers Association Calls for Quick Passage of Prepa Revitalization Bill
SAN JUAN – The Puerto Rico Bankers Association has called on the the island’s legislature to quickly approve the bill to enact the Puerto Rico Electric Power Authority (Prepa) Revitalization Act, which will make way for the...
- Posted January 29, 2016
Prepa Brings Creditors back into the fold; Deadline to Pass Revitalization Act Extended to Feb. 16
SAN JUAN – The Puerto Rico Electric Power Authority (Prepa) announced late Wednesday that it has entered into an amended restructuring support agreement (RSA) with the Ad Hoc Group of Prepa bondholders, comprising municipal bond investors and...
- Posted January 27, 2016
Senate Calls for Prepa Negotiations to Resume
SAN JUAN – Senate President Eduardo Bhatia urged the Puerto Rico Electric Power Authority (Prepa) and its creditors to resume negotiations for an agreement to be reached regarding the restructuring of the public utility’s debt. “The call,...
- Posted January 25, 2016