Energy Future's $5.4B DIP Package Approved In Ch. 11
At a daylong hearing in Wilmington, Delaware, U.S. Bankruptcy Judge Christopher S. Soncthi signed off on the unopposed $5.4 billion DIP package for EFH subsidiary Energy Future Intermediate Holding Co. LLC, then blessed a related settlement over the objection of a group of senior bondholders.
The DIP will be used in...
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