Consortium has proposed $3.5 bln deal to capitalize Puerto Rico's PREPA -report
May 28, 2015 at 17:20 PM EDT
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.
