UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

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

No. 17 BK 3283-LTS

In re:

The Financial Oversight and Management Board for 

Puerto Rico, 

as representative of

The Puerto Rico Electric Power Authority,

Debtor.

PROMESA

Title III

No. 17 BK 4780-LTS

Court Filing Relates Only to 

PREPA and Shall Only be Filed 

in Case No. 17 BK 4780-LTS and 

Main Docket 17 BK 3283-LTS

SEVENTEENTH SUPPLEMENTAL VERIFIED STATEMENT OF 

THE AD HOC GROUP OF PREPA BONDHOLDERS PURSUANT

TO FEDERAL RULE OF BANKRUPTCY PROCEDURE 2019

Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure 

(“Bankruptcy Rule 2019”), and the Order Further Amending Case Management Procedures (the 

Case Management Order”) [Case No. 17-3283, Dkt. No. 24726], this supplemental verified 

statement (the “Seventeenth Supplemental Statement”) is submitted by certain holders (the “Ad 

Hoc Group of PREPA Bondholders” or the “Ad Hoc Group”) of Power Revenue Bonds and 

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 (“COFINA”) (Bankruptcy Case No. 17 BK 3284-LTS) (Last Four Digits of Federal Tax ID: 

8474); (iii) Puerto Rico Highways and Transportation Authority (“HTA”) (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 (“ERS”) (Bankruptcy Case No. 17 BK 3566-LTS) (Last Four Digits of Federal Tax 

ID: 9686); (v) Puerto Rico Electric Power Authority (“PREPA”) (Bankruptcy Case No. 17 BK 4780-LTS) (Last Four 

Digits of Federal Tax ID: 3747); and (vi) Puerto Rico Public Buildings Authority (“PBA”) (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).

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 1 of 17
2

Power Revenue Refunding Bonds (collectively, the “Bonds”) issued by the Puerto Rico Electric 

Power Authority (“PREPA”) under a trust agreement between PREPA and U.S. Bank National 

Association, as successor trustee, dated January 1, 1974, as amended and supplemented, in 

connection with the case (“PREPA Title III Case”) commenced by the above-captioned debtor 

on July 2, 2017 under Title III of PROMESA.

In support of the Seventeenth Supplemental Statement, the Ad Hoc Group 

respectfully states as follows: 

1. As of the date of this Seventeenth Supplemental Statement, in this Title III 

Case, the undersigned represent the Ad Hoc Group (each holder in the Ad Hoc Group, a 

“Member”). 

2. On or about June 26 and June 27, 2014, certain funds managed or advised 

by OppenheimerFunds, Inc. (“Oppenheimer”) and Franklin Advisers, Inc. (“Franklin”) retained 

Kramer Levin Naftalis & Frankel LLP (“Kramer Levin”) to challenge as unconstitutional the 

recently passed and soon to be enacted Puerto Rico Debt Enforcement and Recovery Act. Over 

the course of the next two months, certain holders of Bonds, including Franklin and Oppenheimer, 

contacted and then engaged Kramer Levin to represent a group of holders in connection with a 

potential restructuring of the Bonds. From time to time thereafter, certain additional holders of 

the Bonds have joined the Ad Hoc Group. 

3. On August 2, 2017, counsel to the Ad Hoc Group submitted the Verified 

Statement of the Ad Hoc Group of PREPA Bondholders Pursuant to Bankruptcy Rule 2019 [Case 

No. 17-4780, Dkt. No. 164]. On November 7, 2017, counsel to the Ad Hoc Group submitted the 

First Supplemental Verified Statement of the Ad Hoc Group of PREPA Bondholders Pursuant to 

Federal Rule of Bankruptcy Procedure 2019 [Case No. 17-4780, Dkt. No. 407]. On December 

13, 2017, counsel to the Ad Hoc Group submitted the Second Supplemental Verified Statement of 

the Ad Hoc Group of PREPA Bondholders Pursuant to Federal Rule of Bankruptcy Procedure

2019 [Case No. 17-4780, Dkt. No. 490]. On February 6, 2018, counsel to the Ad Hoc Group 

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 2 of 17
3

submitted the Third Supplemental Verified Statement of the Ad Hoc Group of PREPA Bondholders 

Pursuant to Federal Rule of Bankruptcy Procedure 2019 [Case No. 17-4780, Dkt. No. 633]. On 

August 15, 2018, counsel to the Ad Hoc Group submitted corrected versions of the Verified 

Statement, the Second Supplemental Verified Statement and the Third Supplemental Verified 

Statement [Case No. 17-4780, Dkt. Nos. 939, 941 and 940, respectively]. On September 11, 2018, 

counsel to the Ad Hoc Group submitted the Fourth Supplemental Verified Statement of the Ad Hoc 

Group of PREPA Bondholders Pursuant to Federal Rule of Bankruptcy Procedure 2019 [Case No. 

17-4780, Dkt. No. 959]. On November 29, 2018, counsel to the Ad Hoc Group submitted the Fifth 

Supplemental Verified Statement of the Ad Hoc Group of PREPA Bondholders Pursuant to Federal 

Rule of Bankruptcy Procedure 2019 [Case No. 17-4780, Dkt. No. 1037]. On May 10, 2019, 

counsel to the Ad Hoc Group submitted the Sixth Supplemental Verified Statement of the Ad Hoc 

Group of PREPA Bondholders Pursuant to Federal Rule of Bankruptcy Procedure 2019 [Case No. 

17-4780, Dkt. No. 1237]. On August 23, 2019, counsel to the Ad Hoc Group Submitted the Seventh 

Supplemental Verified Statement of the Ad Hoc Group of PREPA Bondholders Pursuant to Federal 

Rule of Bankruptcy Procedure 2019 [Case No. 17-4780, Dkt. No. 1610]. On November 13, 2019, 

counsel to the Ad Hoc Group submitted the Eighth Supplemental Verified Statement of the Ad Hoc 

Group of PREPA Bondholders Pursuant to Federal Rule of Bankruptcy Procedure 2019 [Case No. 

17-4780, Dkt. No. 1735]. On November 27, 2019, counsel to the Ad Hoc Group submitted the 

Ninth Supplemental Verified Statement of the Ad Hoc Group of PREPA Bondholders Pursuant to 

Federal Rule of Bankruptcy Procedure 2019 [Case No. 17-4780, Dkt. No. 1789]. On January 21, 

2020, counsel to the Ad Hoc Group submitted the Tenth Supplemental Verified Statement of the 

Ad Hoc Group of PREPA Bondholders Pursuant to Federal Rule of Bankruptcy Procedure 2019

[Case No. 17-4780, Dkt. No. 1871]. On March 3, 2020, counsel to the Ad Hoc Group submitted 

the Eleventh Supplemental Verified Statement of the Ad Hoc Group of PREPA Bondholders 

Pursuant to Federal Rule of Bankruptcy Procedure 2019 [Case No. 17-4780, Dkt. No. 1926]. On 

July 3, 2020, counsel to the Ad Hoc Group submitted the Twelfth Supplemental Verified Statement 

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 3 of 17
4

of the Ad Hoc Group of PREPA Bondholders Pursuant to Federal Rule of Bankruptcy Procedure 

2019 [Case No. 17-4780, Dkt. No. 2043]. On April 30, 2021, counsel to the Ad Hoc Group 

submitted the Thirteenth Supplemental Verified Statement of the Ad Hoc Group of PREPA 

Bondholders Pursuant to Federal Rule of Bankruptcy Procedure 2019 [Case No. 17-4780, Dkt. 

No. 2470]. On February 22, 2022, counsel to the Ad Hoc Group submitted the Fourteenth

Supplemental Verified Statement of the Ad Hoc Group of PREPA Bondholders Pursuant to Federal 

Rule of Bankruptcy Procedure 2019 [Case No. 17-4780, Dkt. No. 2721]. On April 20, 2022, 

counsel to the Ad Hoc Group submitted the Fifteenth Supplemental Verified Statement of the Ad 

Hoc Group of PREPA Bondholders Pursuant to Federal Rule of Bankruptcy Procedure 2019 [Case 

No. 17-4780, Dkt. No. 2782] (the “Fifteenth Supplemental Statement”). On February 23, 2023, 

counsel to the Ad Hoc Group submitted the Sixteenth Supplemental Verified Statement of the Ad 

Hoc Group of PREPA Bondholders Pursuant to Federal Rule of Bankruptcy Procedure 2019 [Case 

No. 17-4780, Dkt. No. 3271], which was amended on February 24, 2023 [Case No. 17-4780, Dkt. 

No. 3277] (the “Amended Sixteenth Supplemental Statement”). Counsel to the Ad Hoc Group 

submits this Seventeenth Supplemental Statement to update the disclosable economic interests 

currently held by Members of the Ad Hoc Group. 

4. The Members of the Ad Hoc Group hold, or are the investment advisors or 

managers of funds or accounts that hold, approximately $3.6 billion in aggregate principal amount 

of the uninsured Bonds, including approximately $369.5 million in aggregate principal amount of

Monoline Matured Bonds (as defined in Exhibit A hereto), and approximately $186.6 million in 

aggregate principal amount of the insured Bonds, both as of August 14, 2023.

2

 In accordance with 

Bankruptcy Rule 2019 and the Case Management Order, the address and nature and amount of all 

disclosable economic interests for each Member is set forth in Exhibit A. The information 

2 Funds managed by GoldenTree Asset Management LP own Syncora, which has insured or owns claims relating to 

approximately $178 million of PREPA bonds that are not included in the amounts listed in this Seventeenth

Supplemental Statement. Syncora’s holdings had been included previously in the Fifteenth Supplemental Statement.

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 4 of 17
5

contained in Exhibit A is based upon information provided by the Members to Kramer Levin and 

is subject to change.

5. As of the date of this Seventeenth Supplemental Statement, the undersigned 

represent only the Ad Hoc Group in connection with the PREPA Title III Case and does not 

represent or purport to represent any other entities with respect to PREPA’s Title III Case. In 

addition, each Member of the Ad Hoc Group (a) does not assume any fiduciary or other duties to 

any other creditor or person and (b) does not purport to act, represent or speak on behalf of any 

other entities in connection with the PREPA Title III case.

6. Nothing contained in this Seventeenth Supplemental Statement (or Exhibit 

A hereto) is intended to or should be construed to constitute (a) a waiver or release of any claims 

filed or to be filed against or interests in PREPA held by any Member, its affiliates or any other 

entity, or (b) an admission with respect to any fact or legal theory. Nothing herein should be 

construed as a limitation upon, or waiver of, any rights of any Member to assert, file and/or amend 

any proof of claim in accordance with applicable law and any orders entered in these cases. 

7. The undersigned verify that the foregoing is true and correct to the best of 

their knowledge.

8. The undersigned reserve the right to amend or supplement this Seventeenth

Supplemental Statement. 

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 5 of 17
6

I HEREBY CERTIFY that I electronically filed the foregoing with the Clerk of the Court using 

the CM/ECF system, which will notify case participants. 

RESPECTFULLY SUBMITTED.

In San Juan, Puerto Rico, August 17, 2023.

 

TORO COLÓN MULLET P.S.C.

P.O. Box 195383

San Juan, PR 00919-5383

Tel.: (787) 751-8999

Fax: (787) 763-7760

/s/ Manuel Fernández-Bared

MANUEL FERNÁNDEZ-BARED 

USDC-PR No. 204204

E-mail: mfb@tcm.law

/s/ Linette Figueroa-Torres

LINETTE FIGUEROA-TORRES

USDC-PR No. 227104

E-mail: lft@tcm.law

/s/ Nayda Perez-Roman

NAYDA PEREZ-ROMAN

USDC–PR No. 300208

E-mail: nperez@tcm.law 

Counsel for the Ad Hoc Group of PREPA 

Bondholders

KRAMER LEVIN NAFTALIS & 

FRANKEL LLP

1177 Avenue of the Americas

New York, New York 10036

Tel.: (212) 715-9100

Fax: (212) 715-8000

/s/ Amy Caton

AMY CATON*

THOMAS MOERS MAYER*

ALICE J. BYOWITZ*

Email: acaton@kramerlevin.com

tmayer@kramerlevin.com 

abyowitz@kramerlevin.com

*Admitted Pro Hac Vice

Counsel for the Ad Hoc Group of 

PREPA Bondholders

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 6 of 17
Exhibit A

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 7 of 17
2

Name of Creditor1 Address Debtor

Nature and Amount of Disclosable Economic Interest2

Bonds3

BlackRock 

Financial 

Management, 

40 East 52nd

Street

New York, 

NY 10022

PREPA 

(Puerto Rico 

Electric Power 

Authority)

2012 SER A $49,420,000

2013 SER A 87,870,000 

2016 SER A-1 1,275,072 

2016 SER A-2 6,432,789 

2016 SER A-3 14,040,455 

2016 SER B-3 14,040,454 

2016 SER C-1 38,585,000 

2016 SER C-2 38,590,000 

2016 SER C-3 3,840,000 

2016 SER C-4 3,962,000 

2016 SER D-1 12,917,500 

2016 SER D-2 10,270,280

2007 SER TT 18,840,000 

2007 REF-SER UU 23,450,000 

2007 REF-LIBOR-SER UU 20,030,000 

2008 SER WW 60,655,000 

2010 SER XX 84,190,000

2010 REF-SER ZZ 50,125,000 

2010 SER AAA 55,090,000 

2010 SER CCC 22,140,000 

1 Each entity listed holds disclosable economic interests, or acts as investment advisor or manager to funds and/or accounts or their respective subsidiaries that hold disclosable 

economic interests, in relation to the Debtors. 

2 To the best of counsel’s knowledge, the information included herein is accurate as of August 14, 2023. The amounts set forth herein include only outstanding principal and do not 

include overdue interest, interest on overdue interest and principal, and accrued interest or other amounts that may be owing under the applicable debt documents and laws. In 

addition, the amounts set forth herein do not include any disclosable economic interests that are subject to pending trades or other transfers that have not settled or otherwise been 

closed as of August 14, 2023.

In addition to the disclosable economic interests listed below, it should be noted that pursuant to paragraph 12 of the Amended Order and Judgment Confirming the Third Amended 

Title III Plan of Adjustment of COFINA (the “COFINA Plan”), Case No. 17-3284 [ECF No. 561], all COFINA bonds were canceled on February 12, 2019. Members of the Ad 

Hoc Group may hold new COFINA securities issued under the COFINA Plan.

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 8 of 17
3

In addition to the disclosable economic interests listed below, it should be noted that pursuant to paragraph 28 of the Order and Judgment Confirming Modified Eight Amended Title 

III Joint Plan of Adjustment of the Commonwealth of Puerto Rico, the Employees Retirement System of the Government of the Commonwealth of Puerto Rico, and the Puerto Rico 

Public Buildings Authority (the “Commonwealth Plan”), Case No. 17-3283 [ECF No. 19813], all GO, ERS, and PBA bonds were canceled on March 15, 2022. Members of the Ad 

Hoc Group may hold new Commonwealth, ERS, or PBA securities issued under the Commonwealth Plan.

In addition to the disclosable economic interests listed below, it should be noted that pursuant to paragraph 16 of the Order and Judgment Confirming Modified Fifth Amended Title 

III Plan of Adjustment of the Puerto Rico Highways and Transportation Authority (the “HTA Plan”), Case No. 17-3567 [ECF No. 1415], all HTA bonds were canceled on December 

6, 2022. Members of the Ad Hoc Group may hold new HTA securities issued under the HTA Plan.

In addition to the disclosable economic interests listed below, it should be noted that pursuant to paragraph 37 of the Findings of Fact, Conclusions of Law, and Order Approving 

Qualifying Modification for the Puerto Rico Infrastructure Financing Authority Pursuant to Section 601(m)(1)(d) of the Puerto Rico Oversight, Management, and Economic 

Stability Act (the “PRIFA QM”), Case No. 21-01492 [ECF No. 82], all PRIFA bonds subject to the Title VI proceeding were cancelled on March 15, 2022. Members of the Ad 

Hoc Group may hold new PRIFA securities issued in connection with the PRIFA QM and Commonwealth Plan.

In addition to the disclosable economic interests listed below, it should be noted that pursuant to paragraph 39 of the Findings of Fact, Conclusions of Law, and Order Approving 

Qualifying Modification for the Puerto Rico Public Finance Corporation Pursuant to Section 601(m)(1)(d) of the Puerto Rico Oversight, Management, and Economic Stability Act 

(the “PFC QM”), Case No. 22-01517 [ECF No. 78], all PFC bonds subject to the Title VI proceeding were cancelled on January 12, 2023. Members of the Ad Hoc Group may 

hold new PFC securities issued in connection with the PFC QM.

3 With respect to any Capital Appreciation Bonds (“CABs”) held by the members, the amounts disclosed consist of the CABs at their accreted principal amount, calculated as of

August 14, 2023, and not the amount due upon maturity.

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 9 of 17
4

Name of Creditor1 Address Debtor

Nature and Amount of Disclosable Economic Interest2

Bonds3

Inc.,

4 on behalf of 

accounts managed 

or advised by it.

2010 REF-SER DDD 4,705,000 

2016 SER D-4 14,770,280

2010 BUILD AMERICA BONDS TAXABLE-SE 20,445,000 

2010 SER BBB 13,550,000 

2003 SER NN 2,100,000 

2007 REF SER V V 6,440,000 

2016 SER B-1 1,275,072 

2016 SER B-2 6,432,788 

2016 SER D-3 12,917,500 

Total $698,399,190

4 BlackRock Financial Management, Inc. also manages or advises certain funds that hold PREPA bonds but are not part of the Ad Hoc Group. These funds held PREPA bonds in 

an aggregate amount of $37,513,000 as of August 14, 2023 and February 16, 2023, and $36,388,000 as of April 13, 2022, February 17, 2022, April 22, 2021, June 24, 2020, and 

Feb. 26, 2020.

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 10 of 17
5

Name of Creditor1 Address Debtor

Nature and Amount of Disclosable Economic Interest2

Bonds3

Franklin Advisers, 

Inc., on behalf of 

accounts managed 

or advised by it.

One 

Franklin 

Parkway, 

San Mateo, 

CA 94403

PREPA 

(Puerto Rico 

Electric Power 

Authority)

Power Rev 2007 UU $5,000,000 (Insured)

Power Rev 2007 VV 31,985,000 (Insured)

Power Rev Series 2008 WW 36,580,000

Power Rev Series 2010 XX 62,980,000

Power Rev Series 2012 A 48,925,000

Power Rev Series 2013 A 151,485,000

Power Rev Series 2016 A-4 7,101,766

Power Rev Series 2016 B-4 7,101,765

Power Rev Series 2016 E-4 2,589,499

Power Rev Series E-1 7,768,493

Power Rev Series E-2 7,768,493

Power Rev Series E-3 2,589,500

Total $371,874,516

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 11 of 17
6

Name of Creditor1 Address Debtor

Nature and Amount of Disclosable Economic Interest2

Bonds3

GoldenTree Asset 

Management LP,

5

on behalf of funds 

and/or accounts

managed or advised 

by it. 6

300 Park 

Avenue, 21st

Floor

New York, 

NY 10021

PREPA 

(Puerto Rico 

Electric Power 

Authority)

2005 REF-SER SS $52,080,000*

2002 SER LL 77,905,000* 

2002 REF-SER MM 4,825,000* 

2005 SER RR 22,410,000*

2003 SER NN 47,725,000*

2007 REF-SER UU 29,485,000*

2003 SER NN 10,435,000 

2007 REF-SER UU 26,070,000 

2007 SER TT 21,865,000

2010 REF-SER ZZ 67,250,00

2016 SER C-1 620,000

2016 SER C-2 620,000

2008 SER WW 42,040,000

2016 SER A-3 225,000

2016 SER A-4 6,644,116

2016 SER B-3 225,000

2016 SER-B4 7,046,493

2010 REF-SER DDD 12,479,000

2016 SER C-3 125,000

2016 SER D-2 6,000,000

2016 SER D-4 2,500,000

2007 REF-SER V V 3,155,000

2016 SER E-1 5,576,840

2016 SER E-2 5,576,838

2010 SER AAA 85,366,000

2010 SER CCC 14,660,000

2016 SER E-3 1,472,317

2016 SER E-4 1,456,031

2007 REF-LIBOR-SER UU 40,045,000

2010 SER XX 59,873,600

2010 SER BBB 9,469,000

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 12 of 17
7

5 Funds managed by GoldenTree Asset Management LP own Syncora, which has insured or owns claims relating to approximately $178 million of PREPA bonds that are not 

included in the amounts listed in this Seventeenth Supplemental Statement.

*Indicates holdings of formerly insured Bonds that a Bond insurer acquired all rights to as a result of payments it made under its insurance policies and then sold, assigned, and 

transferred all of its rights, claims and interests arising from or on account of such Bonds or policy payments to certain Members of the Ad Hoc Group (the “Monoline Matured 

Bonds”).

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 13 of 17
8

Name of Creditor1 Address Debtor

Nature and Amount of Disclosable Economic Interest2

Bonds3

2012 SER A 38,435,000

2016 SER-B4 7,046,493

2010 BUILD AMERICA BONDS-TAXABLE-SER EEEISSUE3,615,000

2010 BUILD AMERICA BONDS-TAXABLE-SE 3,065,000

2013 SER A 91,490,000

2010 BUILD AMERICA BONDS TAXABLE-SE 12,955,000

Total $824,831,728

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 14 of 17
9

Name of Creditor1 Address Debtor

Nature and Amount of Disclosable Economic Interest2

Bonds3

Invesco Advisers, 

Inc., as investment 

adviser/agent on 

behalf of certain 

funds and/or

accounts advised by 

it

350 Linden 

Oaks, 

Rochester, 

NY 14625

PREPA 

(Puerto Rico 

Electric Power 

Authority)

2003 SER NN $1,700,000 (Insured)

2004 REF-SER PP 1,270,000 (Insured)

2005 SER RR 12,080,000 (Insured)

2005 SER RR-AGC-ICC 255,000 (Insured)

2005 REF-SER SS 16,125,000 (Insured)

2007 SER TT-AGM-CR 110,000 (Insured)

2007 SER TT- 435,000 (Insured)

2007 REF-SER-UU 10,295,000 (Insured)

2007 REF-SER V V 99,665,000 (Insured)

2008 SER WW-AGC-ICC 500,000 (Insured)

2003 SER NN 360,000

2007 REF-SER UU 6,740,000

2007 REF-SER V V 1,575,000

2007 REF-LIBOR-SER UU 6,300,000

2007 SER TT 23,665,000

2008 SER WW 58,100,000

2010 SER AAA 23,345,000

2010 SER CCC 18,455,000

2010 REF-SER DDD 27,425,000

2010 BUILD AMERICA BONDS-TAXABLE-SE 2,095,000

2010 SER XX 62,689,000

2010 REF-SER ZZ 42,510,000

2012 SER A 59,765,000

2013 SER A 63,400,000

2016 SER A-4 11,859,000

2016 SER-B4 14,859,000

2016 SER E-1 12,631,000

2016 SER E-2 15,087,000

2016 SER E-3 5,415,000

2016 SER E-4 5,931,000

Total $604,641,000

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 15 of 17
10

Name of Creditor1 Address Debtor

Nature and Amount of Disclosable Economic Interest2

Bonds3

Nuveen Asset 

Management, 

LLC, as investment 

adviser on behalf of 

certain 

funds/accounts, 

severally and not 

jointly. 

333 W 

Wacker Dr.

Chicago, IL 

60606

PREPA 

(Puerto Rico 

Electric Power 

Authority)

PUERTO RICO ELEC PWR AUTH REV 16C-4 2,000,000 

PUERTO RICO ELEC PWR AUTH REV 13A 82,228,000 

PUERTO RICO ELEC PWR AUTH REV 12A 128,893,000 

PUERTO RICO ELEC PWR AUTH REV 10ZZ 92,964,000 

PUERTO RICO ELEC PWR AUTH REV 10YY BAB 135,720,000 

PUERTO RICO ELEC PWR AUTH REV 10XX 120,850,000 

PUERTO RICO ELEC PWR AUTH REV 10EEE 132,120,000 

PUERTO RICO ELEC PWR AUTH REV 10DDD 14,082,000 

PUERTO RICO ELEC PWR AUTH REV 10CCC 78,746,000 

PUERTO RICO ELEC PWR AUTH REV 10AAA 105,067,000 

PUERTO RICO ELEC PWR AUTH REV 08WW 85,835,000 

PUERTO RICO ELEC PWR AUTH REV 07TT 111,977,000 

PUERTO RICO ELEC PWR AUTH REV 05SS 660,000 

PUERTO RICO ELEC PWR AUTH REV 03NN 8,400,000 

PUERTO RICO ELEC PWR AUTH 16A-4-RSA-1 1,000,000 

PUERTO RICO ELEC PWR AUTH 07VV 2,565,000 (Uninsured)

PUERTO RICO ELEC PWR AUTH 07VV 7,190,000 (Insured)

Total $1,110,297,00

0

Taconic Capital 

Advisors L.P., as 

investment adviser 

on behalf of certain 

funds/accounts, 

severally and not 

jointly. 

280 Park 

Avenue, 5th

Floor, New 

York, NY 

10017

PREPA 

(Puerto Rico 

Electric Power 

Authority)

2010 REF-SER ZZ $6,140,000

2007 SER TT 9,090,000

2016 SER A-4 3,293,263 

2010 SER BBB 2,610,000

2013 SER A 3,100,000

2010 BUILD AMERICA BONDS-TAXABLE-SE 2,720,000

2010 REF-SER DDD 3,240,000

2010 SER CCC 840,000

2008 SER WW 770,000

2010 BUILD AMERICA BONDS-TAXABLE-SER 

EEE-ISSUER SUBSIDY 400,000

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 16 of 17
11

Name of Creditor1 Address Debtor

Nature and Amount of Disclosable Economic Interest2

Bonds3

2010 SER AAA 250,000

2005 REF-SER SS 37,055,000*

2007 REF-SER UU 17,995,000*

2002 REF-SER MM 5,160,000*

Total $92,663,263

Whitebox Advisors 

LLC, as investment 

adviser on behalf of 

certain 

funds/accounts, 

severally and not 

jointly. 

3033 

Excelsior 

Blvd, 

Suite 500, 

Minneapolis, 

MN 55416

PREPA 

(Puerto Rico 

Electric Power 

Authority)

2016 SER D-2-RSA-1 $3,000,000 

2007 SER TT-RSA-1 1,670,000 

2008 SER WW-RSA-1 12,155,000 

2010 BABS-SER EEE-RSA-1 14,005,000 

2007 REF-SER UU-RSA-1 3,370,000 

2007 REF-LIBOR-SER UU-RSA-1 8,200,000 

2007 REF-SER UU 15,000,000*

2005 REF-SER SS 37,805,000*

2002 REF-SER MM 22,055,000*

Total $117,260,000 

Case:17-03283-LTS Doc#:24913 Filed:08/17/23 Entered:08/17/23 23:27:32 Desc: Main

Document Page 17 of 17