Brazos Previews Ch. 11 Securitization Plans Ahead Of Trial
By Vince Sullivan ( January 18, 2022, 5:47 PM EST) -- Bankrupt electricity cooperative Brazos Electric Power Cooperative Inc. provided an overview Tuesday in Texas court of an intended securitization transaction that will most likely form the basis of a forthcoming Chapter 11 plan, saying the outcome of a February trial over a $1.9 billion claim from the state's grid operator will affect the plan's formulation....
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