Puerto Rico Delays Restructuring Plan Because of Tropical Storm

  • Due date pushed back to on or before Sept. 8 from Aug. 30
  • Electric utility debt restructuring plan due on Sept. 1

Puerto Rico said Governor Alejandro Garcia Padilla granted an extension for when advisers are scheduled to deliver a proposal to restructure the commonwealth’s $72 billion debt burden to Sept. 8 because government officials were focused in the past week on the possible impact of tropical storm Erika.

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