April 14 (Reuters) - Puerto Rico's troubled power utility PREPA has offered to extend an existing forbearance agreement by another 15 days, it said in a statement late on Tuesday.
PREPA's offer comes after a group of bondholder's proposed a 30-day extension to the agreement.
A forbearance agreement is a form of payment relief that stops a creditor from declaring a debtor in default to give it time to repay delinquent sums.
The agreement was set to expire on Wednesday.
(Reporting by Narottam Medhora in Bengaluru; Editing by Lisa Shumaker)