NEW YORK--(BUSINESS WIRE)--The proposed recovery plan agreed to by the Puerto Rico Electric Power Authority (PREPA) and certain bondholders, announced yesterday, furthers our view that a restructuring of the issuer's debt obligations remains probable, Fitch Ratings says. The prevailing forbearance agreements between PREPA and some creditors have provided it with temporary relief. However the proposed plan, if executed, would confirm the concerns we raised in June 2014 that bondholders will not


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