Puerto Rico power debt relief deal falls apart – Bristol Herald Courier (press release) (blog)

SAN JUAN, Puerto Rico (AP) A deal to restructure Puerto Rico’s troubled power utility’s $8.2 billion bond debt fell apart early Saturday, after lawmakers missed a Friday midnight deadline to approve key conditions for the proposed bond swap, including putting a debt payment charge directly on customers’ bills. … Read the full article at: http://www.heraldcourier.com/news/world/puerto-rico-power-debt-relief-deal-falls-apart/article_6c1d5a9f-5f7a-5a1f-bf41-a38492c1d3c2.html