TITLE

Dynegy Seeking $1.7B in Restructuring Loans

PUB. DATE
July 2011
SOURCE
High Yield Report;7/11/2011, p25
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses Dynegy's search for lenders to fund a restructuring scheme as of July 2011. It states that the company considered filing for bankruptcy earlier in March, but that it is currently looking for 1.7 billion dollars in order to restructure itself. It reports that 1.3 billion dollars will be used to cover existing debts, while another 400 million dollars for a term loan will be used for working capital.
ACCESSION #
66187518

 

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