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The Senate will have a special session on the deal, which does not include a previously mandated interest rate cap, on Tuesday, Dec. 8.
December 3 -
A Senate imposed 3.75% interest rate cap was a major obstacle to completing the deal.
September 28 -
A group of pensioners is trying to stop the bond sale.
September 24 -
The transaction would affect about 54% of the government's outstanding bond debt.
September 1 -
The governor wants to refinance all of the territory's $1.1 billion matching fund bonds by the end of September.
August 11 -
The authority may fail to pay $49 million of BANs, observers say.
June 11 -
Moody's says the downturn in activity will put additional pressure on the Caa3-rated issuer.
April 7 -
Analysts say the development is another sign of financial stress at the beleaguered utility.
March 11 -
It also orders a cut to a customer charge for fuel.
December 13 -
A declaration would be a first step toward dealing with the insolvency of the Water and Power Authority, with $252 million of bonds outstanding.
November 7