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Most bondholders voted for the plan, which offers an upfront cash payment and the extension of bond maturities by 25 to 35 years.
December 6 -
Peterson objected to the board's treatment of PREPA bondholders.
August 18 -
The restructuring would make bondholders whole, but the bonds' maturities are being pushed out by 25 to 35 years.
August 7 -
Bondholders say they have lost patience after six years of nonpayment.
January 20 -
The board plans to pick an operator for PREPA's electrical generation in second half of this year.
May 28 -
The Board will address several of Puerto Rico's authorities' fiscal plans and will have an update about PREPA's transition of its systems to the private operator, LUMA Energy.
May 26 -
FAFAA head says that Puerto Rico is gaining "credibility" with investors.
March 1 -
The deal continues to offer better recoveries for the guaranteed Public Building Authority debt than for general obligation debt, but trading of the GOs blew up with more than $180 million exchanging hands to higher prices.
February 23 -
He has a background working in the island's pharmaceutical industry and for the island's government working to attract and retain private sector firms.
December 15 -
Highways and Transportation Authority collections are also behind expectations.
July 8