PRASA gets approval for up to $163M in capital improvement loans
August 31, 2020
The Puerto Rico Aqueduct and Sewer Authority announced it has received approval to receive up to $163 million for 28 capital improvement projects through a loan agreement with the Department of Natural and Environmental Resources and the Infrastructure Financing Authority’s State Revolving Fund (SRF). The projects include improvements for sanitary infrastructure in the municipalities of […]
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PRASA completes restructuring of $1B in debt with 2 federal agencies
August 12, 2019
The government of Puerto Rico has reached an agreement with a pair of federal agencies to restructure some $1 billion in Puerto Rico Aqueduct and Sewer Authority debt. According to a press release PRASA and the Fiscal Agency and Financial Advisory Authority, or AAFAF, reached an understanding with the Environmental Protection Agency’s Clean Water and […]
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