UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

NOTICE OF SUBMISSION OF PLAN SUPPLEMENT 

AND PLAN RELATED DOCUMENTS OF THE 

PUERTO RICO ELECTRIC POWER AUTHORITY 

PLEASE TAKE NOTICE that, pursuant to Article I.A.174 of the Modified Second 

Amended Title III Plan of Adjustment of the Puerto Rico Electric Power Authority, dated March 

1, 2023 [Case No. 17-4780, ECF No. 3296] (as may be further amended, modified, or 

1 The Debtors in these Title III Cases, along with each Debtor’s respective Title III case number and the last four 

(4) digits of each Debtor’s federal tax identification number, as applicable, are the (i) Commonwealth of Puerto 

Rico (Bankruptcy Case No. 17-bk-3283-LTS) (Last Four Digits of Federal Tax ID: 3481); (ii) Puerto Rico Sales 

Tax Financing Corporation (Bankruptcy Case No. 17-bk-3284-LTS) (Last Four Digits of Federal Tax ID: 8474); 

(iii) Puerto Rico Highways and Transportation Authority (Bankruptcy Case No. 17-bk-3567-LTS) (Last Four 

Digits of Federal Tax ID: 3808); (iv) Employees Retirement System of the Government of the Commonwealth of 

Puerto Rico (Bankruptcy Case No. 17-bk-3566-LTS) (Last Four Digits of Federal Tax ID: 9686); (v) Puerto Rico 

Electric Power Authority (Bankruptcy Case No. 17-bk-4780-LTS) (Last Four Digits of Federal Tax ID: 3747); and 

(vi) Puerto Rico Public Buildings Authority (Bankruptcy Case No. 19-bk-5523-LTS) (Last Four Digits of Federal 

Tax ID: 3801) (Title III case numbers are listed as Bankruptcy Case numbers due to software limitations).

In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as representative of

THE COMMONWEALTH OF PUERTO RICO, et al.,

 Debtors.1

PROMESA Title III

Case No. 17-bk-3283-LTS

(Jointly Administered)

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as a representative of

PUERTO RICO ELECTRIC POWER AUTHORITY,

Debtor.

PROMESA Title III

Case No. 17-bk-4780-LTS

Case:17-03283-LTS Doc#:24387 Filed:05/31/23 Entered:05/31/23 22:24:52 Desc: Main

Document Page 1 of 13
supplemented, the “PREPA Plan”),2

the Financial Oversight and Management Board for Puerto 

Rico (the “Oversight Board”), as sole Title III representative of the Puerto Rico Electric Power 

Authority (“PREPA” or the “Debtor”) pursuant to section 315(b) of the Puerto Rico Oversight, 

Management, and Economic Stability Act (“PROMESA”), has filed the Plan Supplement and Plan 

Related Documents of the Puerto Rico Electric Power Authority (the “PREPA Plan Supplement”), 

which is attached hereto as Exhibit A, containing documents listed on Schedule 1 hereto 

(collectively, the “PREPA Plan Related Documents”).

PLEASE TAKE FURTHER NOTICE that the PREPA Plan Related Documents remain 

subject to negotiations and approval with parties in interest, and the Oversight Board and PREPA

reserve the right to amend, modify, or supplement any of the PREPA Plan Related Documents up 

to and including the entry of an order confirming the PREPA Plan (and, in conjunction therewith, 

approval of the PREPA Plan Related Documents).

PLEASE TAKE FURTHER NOTICE that the rights of all parties in interest, including, 

but not limited to, the Oversight Board, PREPA, and the parties to the Fuel Line Lender PSA and 

National PSA, with respect to the form of the PREPA Plan Related Documents are expressly 

preserved and the exercise or waiver of any consent rights are expressly preserved.

PLEASE TAKE FURTHER NOTICE that all documents filed in these Title III cases 

are available (a) free of charge by visiting https://cases.ra.kroll.com/puertorico/ or by calling +1 

(844) 822-9231, and (b) on the Court’s website at http://www.prd.uscourts.gov, subject to the 

procedures and fees set forth therein.

[Remainder of Page Intentionally Left Blank]

2 Capitalized terms used but not defined herein shall have the meanings given to them in the PREPA Plan.

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Dated: May 31, 2023

 San Juan, Puerto Rico

Respectfully submitted,

/s/ Paul V. Possinger

Martin J. Bienenstock 

Ehud Barak

Margaret A. Dale

Jeffrey W. Levitan 

Michael T. Mervis

Daniel S. Desatnik

Elliot R. Stevens

(Admitted Pro Hac Vice)

PROSKAUER ROSE LLP

Eleven Times Square

New York, NY 10036

Tel: (212) 969-3000

Fax: (212) 969-2900

Paul V. Possinger

(Admitted Pro Hac Vice)

PROSKAUER ROSE LLP

70 West Madison, Suite 3800 

Chicago, IL 60602

Tel: (312) 962-3550

Fax: (312) 962-3551

Attorneys for the Financial 

Oversight and Management Board 

as sole Title III representative for PREPA

 O’NEILL & BORGESS LLC

/s/ Hermann D. Bauer

Hermann D. Bauer

USDC No. 215205 

250 Muñoz Rivera Ave., Suite 800 

San Juan, PR 00918-1813 

Tel: (787) 764-8181 

Fax: (787) 753-8944

Attorneys for the Financial 

Oversight and Management Board 

as representative for PREPA

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Schedule 1

List of Exhibits in the PREPA Plan Supplement3

Exhibit A: GUC Trust Agreement

Exhibit B: Avoidance Actions Trust Agreement

Exhibit C: Guidelines for the Governance, Administration, and Monitoring

of the Puerto Rico Plan of Adjustment for the PREPA PayGo Trust

Exhibit D: Schedule of Assumed Contracts and Leases

Exhibit E: National Trust Agreement

Exhibit F: National Standard Terms of Trust 

3 The PREPA Plan Related Documents remain subject to negotiation with parties in interest and the rights of all parties 

in interest, including, but not limited to, the Oversight Board, PREPA, and the parties to the Fuel Line Lender and 

National Plan Support Agreements, with respect to the form of documents contained in the PREPA Plan Supplement 

are expressly reserved and the exercise or waiver of any consent rights are expressly preserved.

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Exhibit A

PREPA Plan Supplement

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UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

PLAN SUPPLEMENT 

AND PLAN RELATED DOCUMENTS OF THE 

PUERTO RICO ELECTRIC POWER AUTHORITY 

4 The Debtors in these Title III Cases, along with each Debtor’s respective Title III case number and the last four 

(4) digits of each Debtor’s federal tax identification number, as applicable, are the (i) Commonwealth of Puerto 

Rico (Bankruptcy Case No. 17-bk-3283-LTS) (Last Four Digits of Federal Tax ID: 3481); (ii) Puerto Rico Sales 

Tax Financing Corporation (Bankruptcy Case No. 17-bk-3284-LTS) (Last Four Digits of Federal Tax ID: 8474); 

(iii) Puerto Rico Highways and Transportation Authority (Bankruptcy Case No. 17-bk-3567-LTS) (Last Four 

Digits of Federal Tax ID: 3808); (iv) Employees Retirement System of the Government of the Commonwealth of 

Puerto Rico (Bankruptcy Case No. 17-bk-3566-LTS) (Last Four Digits of Federal Tax ID: 9686); (v) Puerto Rico 

Electric Power Authority (Bankruptcy Case No. 17-bk-4780-LTS) (Last Four Digits of Federal Tax ID: 3747); and 

(vi) Puerto Rico Public Buildings Authority (Bankruptcy Case No. 19-bk-5523-LTS) (Last Four Digits of Federal 

Tax ID: 3801) (Title III case numbers are listed as Bankruptcy Case numbers due to software limitations).

In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as representative of

THE COMMONWEALTH OF PUERTO RICO, et al.,

 Debtors.4

PROMESA Title III

Case No. 17-bk-3283-LTS

(Jointly Administered)

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as a representative of

PUERTO RICO ELECTRIC POWER AUTHORITY,

Debtor.

PROMESA Title III

Case No. 17-bk-4780-LTS

Case:17-03283-LTS Doc#:24387 Filed:05/31/23 Entered:05/31/23 22:24:52 Desc: Main

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Table of Contents5

Exhibit A: GUC Trust Agreement

Exhibit B: Avoidance Actions Trust Agreement

Exhibit C: Guidelines for the Governance, Administration, and Monitoring

of the Puerto Rico Plan of Adjustment for the PREPA PayGo Trust

Exhibit D: Schedule of Assumed Contracts and Leases

Exhibit E: National Trust Agreement 

Exhibit F: National Standard Terms of Trust 

5 The Plan Supplement and Plan Related Documents remain subject to negotiation with parties in interest and the rights 

of all parties in interest, including, but not limited to, the Oversight Board, PREPA, and the parties to the Fuel Line 

Lender and National Plan Support Agreements, with respect to the form of documents contained in the PREPA Plan 

Supplement are expressly reserved and the exercise or waiver of any consent rights are expressly preserved.

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EXHIBIT A

GUC Trust Agreement

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EXHIBIT B

Avoidance Actions Trust Agreement

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EXHIBIT C

Guidelines for the Governance, Administration, and Monitoring

of the Puerto Rico Plan of Adjustment for the PREPA PayGo Trust6

6 The Guidelines included herewith shall be appended to a form of Deed of Trust which shall establish the PREPA 

PayGo Trust in compliance with Puerto Rico law.

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EXHIBIT D

Schedule of Assumed Contracts and Leases

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EXHIBIT E

National Trust Agreement

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EXHIBIT F

National Standard Terms of Trust

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