Consortium has proposed $3.5 bln deal to capitalize Puerto Rico's PREPA -report

jueves 28 de mayo de 2015 17:20 GYT
 

NEW YORK May 28 (Reuters) - A consortium of York Capital Management, NRG Energy and ITC Holdings have proposed a $3.5 billion deal to bail out Puerto Rico's PREPA, the electric power authority, according to Caribbean Business publication, citing documents obtained from a government source.

The consortium does not include an ad hoc group of PREPA's bondholders, the report said.

(Reporting by Megan Davies; Editing by Chris Reese)