30 de junio de 2024

81°nubes dispersas

Contenido automatizado

Parcialmente escrito o traducido con información proporcionada por una herramienta de inteligencia artificial.

Fiscal Board will amend PREPA’s Adjustment Plan

Outgoing agency chairman David Skeel expressed hope that the public corporation’s bankruptcy will be resolved in “a couple of months” despite the adverse ruling by the First Circuit Court of Appeals

June 27, 2024 - 9:18 AM

We are part of

David Skeel assured that he will dedicate the last weeks of his term to contribute as much as possible to the conclusion of PREPA's bankruptcy process. (vanessa.serra@gfrmedia.com)

By Joanisabel González

Editora de Negociosjoanisabel.gonzalez@gfrmedia.com

The Financial Oversight and Management Board (FOMB) intends to reopen the Electric Power Authority’s Plan of Adjustment (PDA-AEE) file to adjust the amount to be paid to bondholders after the First Circuit Court of Appeals concluded that they have a secured claim against the public corporation’s net income.