NEW YORK (Reuters) – The Puerto Rican governor’s plan to privatize PREPA, the island’s bankrupt power utility, could herald hard times for holders of its $9 billion in bonds, who are concerned the deal could strip their ability to collect on their investments.

Powered by WPeMatico

 

The post Puerto Rico utility sale sets up fight with creditors appeared first on iPromoNews; Local and Social Networks Marketing & Advertising for Small Business.

%d bloggers like this: