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4 months ago
BRIEF-Moody's revises PREPA's outlook to negative from developing
April 7, 2017 / 12:16 AM / 4 months ago

BRIEF-Moody's revises PREPA's outlook to negative from developing

1 Min Read

April 6 (Reuters) -

* Moody's revises PREPA's outlook to negative from developing

* Moody's on PREPA-negative outlook considers the uncertainty and obstacles to executing on a complex restructuring plan

* Moody's on PREPA- change in outlook to negative considers uncertainty that persists regarding final terms of restructuring plan between PREPA and creditors

* Moody's on PREPA- outlook change reflects PREPA's worsening liquidity Source: [bit.ly/2nJghsU]

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