-
Junior bonds of Energy Future Holdings Corp.’s unregulated generation and retail electricity provider jumped by the most in more than a month.
-
As Texas warns of potential power shortages and blackouts this summer, the state’s biggest electricity producer is teetering toward bankruptcy. That may turn out to be a boon to the $34 billion Texas power market.
-
A gauge of U.S. corporate credit risk declined, almost erasing yesterday’s advance, as a report showed new-home construction rose last month.
-
Energy Future Holdings Corp., the Texas power producer taken private in 2007 in the largest leveraged buyout, sees earnings for its competitive power unit tumbling by a third during the next five years as hedges against natural gas prices expire.
-
Energy Future Holdings Corp., the Texas power company taken private six years ago in the largest leveraged buyout, won’t have to pay a potential tax liability on $23 billion when transferring ownership of some of its units, according to a decision by the U.S. Internal Revenue Service.
-
The value of Energy Future Holdings Corp.’s regulated unit has fallen by $400 million because of a drop in utility valuations, CreditSights Inc. said in a research note.
-
Five years after their record- setting leveraged buyout of Energy Future Holdings Corp., KKR & Co. and TPG Capital are moving closer to a possible new milestone: the biggest bankruptcy of a private equity-backed company since the failure of Chrysler Group LLC.
-
KKR & Co.’s Energy Future Holdings Corp., struggling to avoid default, is enjoying a $450 million windfall at the expense of bondholders.
-
Derivatives signal Energy Future Holdings Corp. is persuading lenders it didn’t break terms of its credit agreement, a month after Aurelius Capital Management LP claimed the former TXU Corp. defaulted on a loan.
-
The cost to protect Energy Future Holdings Corp. debt climbed on speculation over the outcome of hedge fund Aurelius Capital Management LP’s assertion that the power company is in default on a $23.9 billion loan.
Rate this Page