News Artcle

Puerto Rico utility’s finances spark concern

Published July 17, 2014

San Juan, Puerto Rico • U.S. investors on Thursday pressed Puerto Rico government officials about the financial health of the island’s power company amid fears it might soon seek to restructure millions of dollars in debt. The questions came after a nearly two-hour webcast in which officials sought to reassure investors and update them on steps being taken to stabilize the U.S. territory’s economy and generate additional revenue for its government. It was the first webcast held since Gov. Alejan...

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