PREPA Bondholder Group Responds to Oversight Board Voting Against PREPA RSA

NEW YORK–(BUSINESS WIRE)–Today the Puerto Rico Electric Power Authority (PREPA) bondholder group responded to the Oversight Board voting to reject the Restructuring Support Agreement (RSA) with PREPA: “We believe the members of the Oversight Board who voted to reject the PREPA RSA fundamentally misunderstand the deal and what it would achieve. The RSA is a good deal for both sides that puts PREPA on a path to revitalization, while providing the flexibility for unlimited privatizations if that
Source: BusinessWire-Primary

PREPA Bondholder Group Responds to Oversight Board Voting Against PREPA RSA