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UPDATE 2-Bondholder plan to restructure Puerto Rico's PREPA is flawed -CRO

NEW YORK, April 14- A $2 billion bondholder plan to restructure Puerto Rico's troubled power authority contains aggressive elements that are unlikely to work, the utility's chief restructuring officer said in testimony before Puerto Rico's Senate on Tuesday. Lisa Donahue said demands that creditors be paid in full and on time would be unlikely to work as a...
Source: Reuters | By: Edward Krudy