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Puerto Rico's Power Utility Gets Financing Offer -- Reuters

Puerto Rico's Power Utility Gets Financing Offer -- Reuters

03/29/2015

DOW JONES NEWSWIRES

 

Puerto Rico's power authority has been offered $2 billion in financing by its creditors, Reuters reported Saturday. The $2 billion includes $1.2 billion to fund a new natural-gas operation in exchange for assurances the Puerto Rico Electric Power Authority would repay its debt, Reuters reported. Details at www.reuters.com.

 

Write to copydesk@dowjones.com

 

(END) Dow Jones Newswires

March 28, 2015 19:56 ET (23:56 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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