Utilities Down Amid Rate Fears -- Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators fell as signs of a global shift toward higher interest rates hurt demand for the sector. Puerto Rico declined a $450 million loan offer, according to creditors of its public power monopoly, a decision they said virtually guarantees a bankruptcy for the indebted electric utility known as Prepa, as reported earlier.

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--Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

June 29, 2017 17:13 ET (21:13 GMT)