GE-Owned Plant Operator Heads For Ch. 11 Amid $600M Debt
By Martin O'Sullivan ( January 10, 2017, 3:07 PM EST) -- GE Capital-owned power plant operator Homer City Generation LP said Tuesday that it will soon enter Chapter 11 bankruptcy to execute a debt-for-equity swap with noteholders that will deleverage the company's balance sheet by more than $600 million....
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