Puerto Rico Electric Power Authority

The bill will help the government avoid an island-wide blackout that could result from a PREPA shortfall.

The post-hurricane fiscal plan assumes that Puerto Rico will get a substantial amount of federal aid, but doesn’t include it in its calculation of available resources.

Puerto Rico is arranging a loan to avoid blackout.

Gov. Ricardo Rosselló's plan to find private investors for Puerto Rico's power utility faces opposition from local leaders and may prove to be a tough sell to potential investors.

Talk of selling the island's power authority comes amid its restructuring of $8.2 billion in debt.

"We've been playing games with the revenue estimates for decades," a former Treasury secretary tells the Oversight Board.

Investors concerned over the level of impairment to their Puerto Rico bonds may get some clarity on the commonwealth's cash balance at an Oversight Board hearing.

Puerto Rico's 78 local governments are eligible to apply for a streamlined Community Disaster Loan for up to 25% of their annual operating budget.

A group of economists including Joseph Stiglitz would cut the face value of Puerto Rico bonds by 80% or more.

Moody's said the delay may signal the damage to the island's economic prospects is worse than officials thought, suggesting the return for bondholders will be even lower.