Several government officials are suggesting that the Puerto Rico Electric Power Authority, one of the island’s biggest debt issuers, be restructured.

The authority has approximately $8 billion in debt outstanding. PREPA is rated Baa3 by Moody’s Investors Service, BBB by Standard & Poor’s and BBB-minus by Fitch Ratings.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.