![Puerto Rico’s Utility Makes Debt Payment, Avoids Default](https://www.powermag.com/wp-content/uploads/2015/07/Stock_PuertoRicoPlant.jpg)
Puerto Rico Electric Power Authority, PREPA, Wednesday made a $415 million payment to its creditors (mostly hedge fund investors), avoiding a default and giving the troubled government-owned utility more time…
Puerto Rico Electric Power Authority, PREPA, Wednesday made a $415 million payment to its creditors (mostly hedge fund investors), avoiding a default and giving the troubled government-owned utility more time…