Congressional Democrats seek changes in restructuring agreement for Puerto Rico utility FacebookTwitterLinkedInEmailPrint分享Bond Buyer ($):Thirty-six Democratic members of Congress are asking Puerto Rico’s legislature to reject a May 3 proposed agreement for restructuring $8 billion in debt issued by the Puerto Rico Electric Power Authority (PREPA).The agreement “would increase prices by up to 21%” and it’s “highly unlikely PREPA will be able to completely offset the legacy debt charges,” resulting in “considerably higher electricity rates for decades to come,” said the letter signed by four senators and 32 House members.House Natural Resources Committee Chairman Raul Grijalva of Arizona spearheaded the letter which was signed by three senators seeking the Democratic 2020 presidential nomination — Bernie Sanders of Vermont, Elizabeth Warren of Massachusetts and Kirsten Gillibrand of New York.Tom Sanzillo, who last month criticized the deal as too generous to bondholders, said in an email he welcomed the congressional opposition to the deal.“There is a growing concern expressed now by Congress but also from labor and business and community that this deal is wrong for Puerto Rico, said Sanzillo, director of finance at The Institute for Energy Economics and Financial Analysis (IEEFA). “As the consensus about the problems with the deal grow, we think it may make it less likely that it is approved. The debate is taking place in public opinion, in courts, in legislative halls, in the houses of finance on Wall Street and the energy companies involved. We expect that if a response is made on the merits that it will be disapproved.”PREPA agreed to the May 3 Restructuring Support Agreement in a multiparty deal involving the Financial Oversight Board, the Puerto Rico Fiscal Agency and Financial Advisory Authority (“AAFAF”), the Ad Hoc Group of PREPA Bondholders, and Assured Guaranty Corp.More ($): Congressional Democrats urge Puerto Rico lawmakers to reject PREPA debt deal
The 29-year-old moves to the King Power Stadium for an undisclosed fee. He becomes the Foxes’ third summer signing after Robert Huth and Christian Fuchs. Okazaki has signed a four-year deal. He has scored 43 goals in 93 games for Japan and struck nine times in the Bundesliga for Mainz last season. Okazaki told lcfc.com: “I am very happy to be here. To play in the Premier League is my dream and I will make every effort to help the team here at Leicester City. “I will do my best to show how I can play and try to make a lot of goals for the supporters. “I watched every match (last season) in the Premier League not all of them are easy. There were hard games. “In the last few games the crowd were great and the players responded. It was an amazing result at the end of the season.” Press Association Leicester have announced the signing of Japanese striker Shinji Okazaki from Mainz, subject to a work permit and international clearance.
Football lovers are in for an exciting time as Nigeria’s popular Pay TV network, StarTimes, is set to broadcast live this week’s top contenders in the German League, the Bundesliga, as league leader Bayern Munchen hosts FSV Mainz 05 at the Allianz Arena in what analysts dubbed a redemption match for Mainz.Bayern Munich captain, Philipp Lahm believes the game at home to Mainz is the second part of a crucial trio of matches that can be decisive in their bid to retain the Bundesliga title.“After playing Juventus in the Champions League it was not an easy away game to play and it is a big week for us with games against Wolfsburg, Mainz and away to Dortmund,” said Lahm. “We have got a decisive week coming up with a home fixture against Mainz. I think it will be a decisive week in the title race. If we manage to win both of our next games then we can definitely talk about the championship, but we still have a long way to go”, he said.Chief Operating Officer, StarTimes, Tunde Aina, said its commitment to delivering quality sporting content to its subscribers was the reason behind the acquisitions of sporting rights like the Serie A, Bundesliga, French Ligue 1, Chinese Super League, Eredivisie and recently, the 2018 FIFA World Cup in over 48 territories in Africa.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram
A flyout by Brian Dozier should have ended the inning. Instead Stewart pitched to Zach Granite with two outs and allowed an RBI double, scoring Castro. Joe Mauer followed with a two-run single and the Dodgers trailed 3-0 after three.In the fourth inning Stewart got two quick outs before he walked Castro. Santana then hit a sharp ground ball to second base that Logan Forsythe could not field cleanly, his third error of the season. Stewart had reached his pitch limit. Ross Stripling took over in search of the third out.A passed ball — Stripling and Grandal appeared to get their signals crossed — allowed both Castro and Santana to move up. Brian Dozier then hit a double to drive in both runners, giving Minnesota a 5-0 lead.“I thought I was pretty efficient for the first two innings and change,” Stewart said. “When things didn’t go my way I kind of made some bad two-strike pitches. I’ve got to do a better job of bearing down in those moments.”Stewart started in place of the injured Clayton Kershaw, who was placed on the disabled list after straining a muscle in his back Sunday. The 25-year-old right-hander hadn’t allowed a run in 13 innings out of the Dodgers’ bullpen this season.Solo home runs by Joc Pederson and Yasiel Puig against Santana chipped into the Twins’ lead in the fourth and fifth innings, respectively. Santana was knocked out in the seventh inning, when Chase Utley’s two-run double off the wall brought the Dodgers within 5-4.Santana was charged with four runs in 6 2/3 innings in his first appearance at Dodger Stadium since 2007.The Dodgers were trailing 5-4 in the eighth inning when Turner drew a leadoff walk against left-hander Taylor Rogers. With one out, Kiké Hernandez delivered a pinch-hit single against Twins closer Brandon Kintzler, sending Turner to third base.Forsythe flew out to Granite, the center fielder, for the second out. When Hernandez ran most of the way toward second base, Granite not-so-cleverly tried to double him up at first. The only problem: nobody was covering the base. Turner scored easily from third as the ball bounced into the Twins’ dugout, tying the score.The Dodgers had only 11 position players active for the game. All of them reached base except for first baseman Cody Bellinger, who went 0 for 4 with three strikeouts.Austin Barnes, the last man on the bench, led off the ninth inning with a single against Kintzler. He went to second base on an infield single by Chris Taylor. Both runners moved up on a groundout before Turner poked a single through the left side of the infield with two outs, scoring Barnes to end the game.Was Turner surprised he didn’t receive an intentional walk with first base open and the struggling Bellinger on deck?“I don’t think anyone on the planet wants to pitch to Cody in a big spot right now,” Turner said.The Dodgers will enjoy an off day Thursday before hosting the San Francisco Giants for three games beginning Friday. The trade deadline is 1 p.m. Pacific Time on Monday.If the Dodgers’ front office needs a reason to stand pat at the deadline, Dodger Stadium hosted 50,941 announced witnesses who can testify to the team’s good mojo.“It’s not exact recipes,” said Turner, who collected three hits and played every inning of the series while taking medication for bronchitis. “It’s a different way every night. Whether we’re down to our last strike or whatever, it’s a lot of guys believing. If we still have outs, we’re still in the game and you’re seeing the results.” LOS ANGELES >> The days and weeks leading to baseball’s trade deadline can be a time of fear and loathing. For players, fear that trades will be made to meet the challenge of winning a World Series. For a front office, loathing the process of deciding how to enhance the roster.At 71-31, the Dodgers own a better record through 102 games than all but two teams since the 1969 expansion season. They won a game in their final at-bat Wednesday for the eighth time this season, 6-5 over the Minnesota Twins, on an RBI single in the bottom of the ninth inning by Justin Turner. If there is any fear and loathing in Chavez Ravine, it is absent during the nine innings the Dodgers play baseball. Players and coaches pay the obligatory lip service, saying they don’t need any trades to be baseball’s best team. More significantly, though, this is how the Dodgers play.“It’s special,” pitcher Brock Stewart said. “You can’t really put it into words. It’s like we know we’re going to win every game. That’s what it comes down to. It’s a special time and everybody knows it.” Newsroom GuidelinesNews TipsContact UsReport an Error Consider the reasons for their confidence.The Dodgers have swept 13 series, the most in the major leagues. They are 40 games over .500, including a 36-6 record since June 7. No National League West team is within 12½ games of first place. The Dodgers can play .500 baseball the remainder of the season and still win 101 games, something they haven’t done since 1974.“I think it’s one of those things where, this is who we are,” Manager Dave Roberts said. “People talk about riding a wave and when will it stop? I think the process is in place, and the process is to play 27 outs until the end.”Stewart pitched 3 2/3 innings Wednesday and did not allow an earned run, but left with a 5-0 deficit by virtue of two early errors.With one out in the third inning, Twins catcher Jason Castro lined a single into right field. Pitcher Ervin Santana was the next batter and squared up to bunt. He dropped a dribbler in front of home plate. Rather than try for the easy out at first base, catcher Yasmani Grandal threw wide of his target at second base. Initially ruled a fielder’s choice, the play was later scored an error.