Dynegy Holdings Filed Prepackaged Bankruptcy

Colter, Allison Bisbey
November 2011
High Yield Report;11/14/2011, p5
The article announces that Dynergy Holdings filed for prepackaged bankruptcy on November 21, 2011 as its agreement with some of its creditors to restructure debt was reached. The plan is expected to lessen the debt load of Dynergy and to dilute the current interest of the shareholders. The filing also came after Dynergy was forced to terminate a 1.25-billion-U.S. dollar debt exchange which was caused by the lack of support from its bondholders.


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