Texas Exelon Subsidiary Plans $660M Debt Swap In Ch. 11
By Vince Sullivan ( November 7, 2017, 9:19 PM EST) -- A subsidiary of Exelon Corp. that operates five gas-fired power-generating stations in Texas filed for Chapter 11 protection Tuesday with a plan to swap $660 million in secured debt for ownership of its assets, citing falling demand in the region caused by a mild summer and widespread power outages in the aftermath of Hurricane Harvey....
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