Puerto Rico Electric Wins More Negotiating Time on Debt DealBy
Bondholders give until Dec. 23 for debt negotiations
Any restructuring pact would hinge on legislative approval
Puerto Rico’s main electric utility won more time to negotiate with bond-insurance companies in an effort to complete the tentative agreement reached last week that would cut some of the agency’s $8.2 billion of debt.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.