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                      L A T I N  A M E R I C A

              Thursday, April 8, 2010, Vol. 11, No. 068

                            Headlines



A N T I G U A  &  B A R B U D A

STANFORD INT'L: Owner Allowed to Switch Lawyers One Last Time


B R A Z I L

BRASKEM SA: Reinforces South America's Importance in Operations
GLOBAL CROSSING: Launches Satellite Network in Brazil


C A Y M A N  I S L A N D S

ALERIAN OPPORTUNITY: Shareholders' Final Meeting Set for April 30
ALEXISLAND LTD: Shareholders' Final Meeting Set for April 30
ANALYTIC GLOBAL: Members' Final Meeting Set for May 6
ANALYTIC US: Members' Final Meeting Set for May 6
ANALYTIC US: Members' Final Meeting Set for May 6

ANALYTIC US: Members' Final Meeting Set for May 6
CAPELLA FINANCE: Creditors' Proofs of Debt Due on April 29
COAST ALPHA: Creditors' Proofs of Debt Due on April 29
COAST SEACLIFF: Creditors' Proofs of Debt Due on April 29
CORRELL GLOBAL: Shareholders' Final Meeting Set for April 28

EMERGING MARKET: Shareholders' Final Meeting Set for June 30
FINCHLEY INVESTMENTS: Shareholders' Final Meeting Set for April 29
GUNNISON INVESTMENTS: Shareholders' Final Meeting Set for April 30
HELENE TOKYO: Creditors' Proofs of Debt Due on April 29
J.P. MORGAN: Shareholders' Final Meeting Set for April 30

LEAP LTD: Creditors' Proofs of Debt Due on April 29
MAINSTAY FUND: Shareholders' Final Meeting Set for April 30
MARATHON NIGERIA: Shareholders' Final Meeting Set for April 30
MARATHON OFFSHORE: Shareholders' Final Meeting Set for April 30
MILKY WAY: Creditors' Proofs of Debt Due on April 29

MS RETAIL: Members' Final Meeting Set for May 6
MS RETAIL: Members' Final Meeting Set for May 6
MULTIPLUS CORPORATION: Creditors' Proofs of Debt Due on April 29
PORTLAND CAPITAL: Creditors' Proofs of Debt Due on April 19
SPICA REAL: Creditors' Proofs of Debt Due on April 29

UBP TURKISH: Shareholders' Final Meeting Set for April 19
UNITY HOLDCO: Creditors' Proofs of Debt Due on April 29
UNITY MULTI-TECH: Creditors' Proofs of Debt Due on April 20
WIJO JAPAN: Shareholders' Final Meeting Set for April 30
YK FUNDING: Creditors' Proofs of Debt Due on April 29


C O L O M B I A

BANCOLOMBIA SA: Arranges $350-Mil. Financing for AEI Power Plant


D O M I N I C A N  R E P U B L I C

* DOMINICAN REPUBLIC: To Sell 49% of Refinery to Venezuela


J A M A I C A

AIR JAMAICA: Trade Unions Still "in the Dark" on Divestment
NATIONAL COMMERCIAL BANK: Creates JM$10-Million Fund
* JAMAICA: Drought Could Have Implications for Inflation Targets


M E X I C O

CREDITO REAL: S&P Assigns 'BB-' Rating on $180 Mil. Senior Notes
PRUDENTIAL BANK: Moody's Confirms 'E+' Bank Strength Rating
SATMEX SA: Puts US$2 Million Down on New Satellite


V E N E Z U E L A

PETROLEOS DE VENEZUELA: Reports Normal Operations at Cardon Unit
* VENEZUELA: Dominican Republic to Sell 49% Refinery


X X X X X X X X

* Upcoming Meetings, Conferences and Seminars




                         - - - - -


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A N T I G U A  &  B A R B U D A
===============================


STANFORD INT'L: Owner Allowed to Switch Lawyers One Last Time
-------------------------------------------------------------
Laurel Brubaker Calkins and Andrew M. Harris at Bloomberg News
report that U.S. District Judge David Hittner in Houston allowed
Robert Allen Stanford to switch criminal defense lawyers for the
last time.  The report relates Judge Hittner permitted attorneys
Michael Essmyer and Robert Bennett take over Mr. Stanford's
defense.

"You've had 10 attorneys enter or attempt to enter this case on
your behalf," the report quoted Judge Hittner as saying.  "If I
grant this I will not entertain any further substitutions."  The
report relates that the judge also said the swap wouldn't alter
Mr. Stanford's scheduled Jan. 24 trial date.

According to the report, Houston lawyers Kent Schaffer and George
"Mac" Secrest had most recently been defending the financier.  The
report notes that Mr. Schaffer entered the case in September when
Stanford was briefly represented by the Federal Public Defender's
office in Houston.

As reported in the Troubled Company Reporter-Latin America on
April 1, 2010, The Associated Press said that Mr. Stanford, in a
motion filed March 30, sought new attorneys, his fourth set of
lawyers in less than a year.

                 About Stanford International Bank

Domiciled in Antigua, Stanford International Bank Limited --
http://www.stanfordinternationalbank.com/-- is a member of
Stanford Private Wealth Management, a global financial services
network with US$51 billion in deposits and assets under management
or advisement.  Stanford Private Wealth Management serves more
than 70,000 clients in 140 countries.

On February 16, 2009, the United States District Court for the
Northern District of Texas, Dallas Division, signed an order
appointing Ralph Janvey as receiver for all the assets and records
of Stanford International Bank, Ltd., Stanford Group Company,
Stanford Capital Management, LLC, Robert Allen Stanford, James M.
Davis and Laura Pendergest-Holt and of all entities they own or
control.  The February 16 order, as amended March 12, 2009,
directs the Receiver to, among other things, take control and
possession of and to operate the Receivership Estate, and to
perform all acts necessary to conserve, hold, manage and preserve
the value of the Receivership Estate.

The U.S. Securities and Exchange Commission, on Feb. 17, 2009,
charged before the U.S. District Court in Dallas, Texas, Mr.
Stanford and three of his companies for orchestrating a
fraudulent, multi-billion dollar investment scheme centering on
an US$8 billion Certificate of Deposit program.

A criminal case was pursued against him in June 2009 before the
U.S. District Court in Houston, Texas.  Mr. Stanford pleaded not
guilty to 21 charges of multi-billion dollar fraud, money-
laundering and obstruction of justice.  Assistant Attorney General
Lanny Breuer, as cited by Agence France-Presse News, said in a 57-
page indictment that Mr. Stanford could face up to 250 years in
prison if convicted on all charges.  Mr. Stanford surrendered to
U.S. authorities after a warrant was issued for his arrest on the
criminal charges.

The criminal case is U.S. v. Stanford, H-09-342, U.S. District
Court, Southern District of Texas (Houston). The civil case is SEC
v. Stanford International Bank, 3:09-cv-00298-N, U.S. District
Court, Northern District of Texas (Dallas).


===========
B R A Z I L
===========


BRASKEM SA: Reinforces South America's Importance in Operations
---------------------------------------------------------------
Braskem S.A. strengthened its relationship with the Argentine
consumer market, main destination for its exports and the first
step in its internationalization process.

Argentina is the main destination for Braskem's exports and it
represents the company's first step in its internationalization
process.  "This is where we began our journey towards
internationalization.  That's why operating in Argentina is as
natural as operating in Brazil.  After all, we have a local
structure that allows us to serve our client with quality and in a
complete manner," explains Rui Chammas, vice-president of the
Braskem polymers unit.

According to Mr. Chammas, the other Mercosul and South American
countries are a priority at Braskem and its natural market for
coming years.  "The Argentine transformation industry is comprised
of clients that valorize innovation and technology and are at the
forefront of industry," underscores the executive.

                        About Braskem S.A.

Braskem S.A. -- http://www.braskem.com.br/-- is a thermoplastic
resins producer in Latin America, and is among the three largest
Brazilian-owned private industrial companies.  The company
operates 13 manufacturing plants located throughout Brazil, and
has an annual production capacity of 5.8 million tons of resins
and other petrochemical products.  The company reported
consolidated net revenues of about US$9 billion in the trailing
twelve months through Sept. 30, 2007.

                           *     *     *

As of March 8, 2010, the company continues to carry Moody's
Ba1 rating.  The company also continues to carry Fitch ratings'
BB+ LT Issuer Default ratings and Senior Unsecured Debt rating


GLOBAL CROSSING: Launches Satellite Network in Brazil
-----------------------------------------------------
VT iDirect, Inc., a company of VT Systems Inc., disclosed that
Global Crossing launched a next-generation satellite network based
on iDirect's platform to support Brazilian Internet Service
Providers and enterprises.  Global Crossing has purchased an
iDirect Series 15000 universal satellite hub along with an initial
order of 600 X3 satellite remotes, with plans to expand its
service to as many as 2,000 sites.  iDirect considers itself a
world leader in satellite-based IP communications technology.

Global Crossing is extending the reach of its fiber-based
terrestrial network to help ISPs reach new subscribers located
among South America's extreme terrain.  Global Crossing selected
iDirect's Evolution platform to replace its incumbent satellite
network and upgrade to DVB-S2 capabilities to meet South America's
high bandwidth demands and rapidly growing enterprise market.  The
company needed to ensure higher Quality of Service and chose
iDirect after a thorough evaluation phase testing DVB-S2 systems
that lasted several months.

The iDirect platform also improves integration of customers in
more than 400 cities in 45 countries that have terrestrial links
to the Global Crossing Network.  Global Crossing will benefit from
several of the platform's key features, such as minimal round-trip
time which provides customers with improved performance. In
addition, Global Crossing can leverage the platform to reduce
jitter, the time variation or latency of a signal, which is
critical for conserving satellite resources and providing high-
quality voice and video services.

"The next-generation infrastructure provided by iDirect will allow
us to offer superior connectivity to meet growing customer
demands.  This means greater availability, more traffic capacity,
minimized delays and enhanced jitter control - all essential to
supporting our converged services strategy."

                      About Global Crossing

Based in Hamilton, Bermuda, Global Crossing Limited (NASDAQ: GLBC)
and its subsidiaries are a global communications service provider,
serving many of the world's largest corporations, government
entities and many other telecommunications carriers, providing a
full range of Internet Protocol and managed data and voice
products and services.  The Company's network delivers services to
nearly 700 cities in more than 60 countries and six continents
around the world.  The Company operates as an integrated global
services provider with operations in North America, Europe, Latin
America and a portion of the Asia/Pacific region, providing
services that support a migration path to a fully converged IP
environment.

                           *     *     *

As reported in the Troubled Company Reporter-Latin America on
March 31, 2010, Standard & Poor's Ratings Services said it raised
all its ratings on Bermuda-based global communications solutions
provider Global Crossing Ltd., including the corporate credit
rating to 'B' from 'B-'.  The outlook is stable.


==========================
C A Y M A N  I S L A N D S
==========================


ALERIAN OPPORTUNITY: Shareholders' Final Meeting Set for April 30
-----------------------------------------------------------------
The shareholders of Alerian Opportunity Partners VIII Limited will
hold their final meeting on April 30, 2010, at 9:30 a.m., to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9002, Cayman Islands


ALEXISLAND LTD: Shareholders' Final Meeting Set for April 30
------------------------------------------------------------
The shareholders of Alexisland Ltd. will hold their final meeting
on April 30, 2010, at 9:30 a.m., to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The company's liquidator is:

         Raymond E. Whittaker
         c/o FCM Ltd.
         Telephone: 345-946-5125
         Facsimile: 345-946-5126
         PO Box 1982, Grand Cayman KY-1104
         Cayman Islands


ANALYTIC GLOBAL: Members' Final Meeting Set for May 6
-----------------------------------------------------
The members of Analytic Global Opportunity Fund I, Ltd. will hold
their final meeting on May 6, 2010, to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The company's liquidator is:

         CDL Company Ltd.
         P.O. Box 31106, Grand Cayman KY1-1205


ANALYTIC US: Members' Final Meeting Set for May 6
-------------------------------------------------
The members of Analytic US Market Neutral Offshore M, Ltd. will
hold their final meeting on May 6, 2010, to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         CDL Company Ltd.
         P.O. Box 31106, Grand Cayman KY1-1205


ANALYTIC US: Members' Final Meeting Set for May 6
-------------------------------------------------
The members of Analytic US Market Neutral Offshore II, Ltd. will
hold their final meeting on May 6, 2010, to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         CDL Company Ltd.
         P.O. Box 31106, Grand Cayman KY1-1205


ANALYTIC US: Members' Final Meeting Set for May 6
-------------------------------------------------
The members of Analytic US Market Neutral Offshore II Master, Ltd.
will hold their final meeting on May 6, 2010, to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         CDL Company Ltd.
         P.O. Box 31106, Grand Cayman KY1-1205


CAPELLA FINANCE: Creditors' Proofs of Debt Due on April 29
----------------------------------------------------------
The creditors of Capella Finance Corporation are required to file
their proofs of debt by April 29, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on March 19, 2010.

The company's liquidators are:

         Connan Hill
         Bronwynne R. Arch
         c/o Bronwynne R. Arch
         Telephone: 949-7755
         Facsimile: 949-7634
         P.O. Box 1109, Grand Cayman KY-1102
         Cayman Islands


COAST ALPHA: Creditors' Proofs of Debt Due on April 29
------------------------------------------------------
The creditors of Coast Alpha Strategy Investments Ltd. are
required to file their proofs of debt by April 29, 2010, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on March 15, 2010.

The company's liquidator is:

         Jess Shakespeare
         c/o Maples Finance Limited
         PO Box 1093, Boundary Hall
         Grand Cayman KY1-1102, Cayman Islands


COAST SEACLIFF: Creditors' Proofs of Debt Due on April 29
---------------------------------------------------------
The creditors of Coast Seacliff Strategy Investments Ltd. are
required to file their proofs of debt by April 29, 2010, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on March 15, 2010.

The company's liquidator is:

         Jess Shakespeare
         c/o Maples Finance Limited
         PO Box 1093, Boundary Hall
         Grand Cayman KY1-1102, Cayman Islands


CORRELL GLOBAL: Shareholders' Final Meeting Set for April 28
------------------------------------------------------------
The shareholders of Correll Global Markets Fund will hold their
final meeting on April 28, 2010, at 11:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Maricorp Services Ltd.
         c/o Steven J. Barrie
         Telephone: 345 949 9710
         Facsimile: 345 945 2188
         31 The Strand, P O Box 2075
         Grand Cayman KY1-1105


EMERGING MARKET: Shareholders' Final Meeting Set for June 30
------------------------------------------------------------
The shareholders of Emerging Market Debt Limited will hold their
final meeting on June 30, 2010, at 9:00 a.m., to receive the
liquidators' report on the company's wind-up proceedings and
property disposal.

The company's liquidators are:

         Stuart Brankin
         Desmond Campbell
         Telephone: (345) 949 5586
         c/o Aston Corporate Managers, Ltd.
         P.O. Box 1981, Grand Cayman, KY1-1104


FINCHLEY INVESTMENTS: Shareholders' Final Meeting Set for April 29
------------------------------------------------------------------
The shareholders of Finchley Investments Limited will hold their
final meeting on April 29, 2010, to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The company's liquidator is:

         Royhaven Secretaries Limited
         c/o Julie Reynolds
         Telephone: 945-4777
         Facsimile: 945-4799
         c/o PO Box 707, Grand Cayman KY1-1107
         Telephone: 945-4777
         Facsimile: 945-4799


GUNNISON INVESTMENTS: Shareholders' Final Meeting Set for April 30
------------------------------------------------------------------
The shareholders of Gunnison Investments Ltd. will hold their
final meeting on April 30, 2010, at 9:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9002, Cayman Islands


HELENE TOKYO: Creditors' Proofs of Debt Due on April 29
-------------------------------------------------------
The creditors of Helene Tokyo are required to file their proofs of
debt by April 29, 2010, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on March 19, 2010.

The company's liquidator is:

         Jess Shakespeare
         c/o Maples Finance Limited
         PO Box 1093, Boundary Hall
         Grand Cayman KY1-1102, Cayman Islands


J.P. MORGAN: Shareholders' Final Meeting Set for April 30
---------------------------------------------------------
The shareholders of J.P. Morgan Leveraged Multistrategy Fund II,
Ltd. will hold their final meeting on April 30, 2010, at
8:45 a.m., to receive the liquidator's report on the company's
wind-up proceedings and property disposal.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9002, Cayman Islands


LEAP LTD: Creditors' Proofs of Debt Due on April 29
---------------------------------------------------
The creditors of Leap Ltd. are required to file their proofs of
debt by April 29, 2010, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on March 19, 2010.

The company's liquidator is:

         Marc Randall
         c/o Maples Finance Limited
         PO Box 1093, Boundary Hall
         Grand Cayman KY1-1102, Cayman Islands


MAINSTAY FUND: Shareholders' Final Meeting Set for April 30
-----------------------------------------------------------
The shareholders of Mainstay Fund, Ltd. will hold their final
meeting on April 30, 2010, at 9:15 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9002, Cayman Islands


MARATHON NIGERIA: Shareholders' Final Meeting Set for April 30
--------------------------------------------------------------
The shareholders of Marathon Nigeria Holding will hold their final
meeting on April 30, 2010, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Yvonne R. Kunetka
         Marathon Oil Company
         5555 San Felipe Street
         Houston, Texas 77056-2799
         United States of America
         Telephone: 713-296-2517
         Facsimile: 713-513-4219
         e-mail: YRKunetka@Marathonoil.com


MARATHON OFFSHORE: Shareholders' Final Meeting Set for April 30
---------------------------------------------------------------
The shareholders of Marathon Offshore Holding Limited will hold
their final meeting on April 30, 2010, at 10:00 a.m., to receive
the liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Yvonne R. Kunetka
         Marathon Oil Company
         5555 San Felipe Street
         Houston, Texas 77056-2799
         United States of America
         Telephone: 713-296-2517
         Facsimile: 713-513-4219
         e-mail: YRKunetka@Marathonoil.com


MILKY WAY: Creditors' Proofs of Debt Due on April 29
----------------------------------------------------
The creditors of Milky Way Capital Limited are required to file
their proofs of debt by April 29, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on March 19, 2010.

The company's liquidator is:

         Jess Shakespeare
         c/o Maples Finance Limited
         PO Box 1093, Boundary Hall
         Grand Cayman KY1-1102, Cayman Islands


MS RETAIL: Members' Final Meeting Set for May 6
-----------------------------------------------
The members of MS Retail Limited will hold their final meeting on
May 6, 2010, to receive the liquidator's report on the company's
wind-up proceedings and property disposal.

The company's liquidator is:

         CDL Company Ltd.
         P.O. Box 31106, Grand Cayman KY1-1205


MS RETAIL: Members' Final Meeting Set for May 6
-----------------------------------------------
The members of MS Retail II Limited will hold their final meeting
on May 6, 2010, to receive the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

         CDL Company Ltd.
         P.O. Box 31106, Grand Cayman KY1-1205


MULTIPLUS CORPORATION: Creditors' Proofs of Debt Due on April 29
----------------------------------------------------------------
The creditors of Multiplus Corporation are required to file their
proofs of debt by April 29, 2010, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on March 19, 2010.

The company's liquidator is:

         Victor Murray
         c/o Maples Finance Limited
         PO Box 1093, Boundary Hall
         Grand Cayman KY1-1102, Cayman Islands


PORTLAND CAPITAL: Creditors' Proofs of Debt Due on April 19
-----------------------------------------------------------
The creditors of Portland Capital (Cayman) Limited are required to
file their proofs of debt by April 19, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on February 25,
2010.

The company's liquidator is:

         Victor Murray
         c/o Maples Finance Limited
         PO Box 1093, Boundary Hall
         Grand Cayman KY1-1102, Cayman Islands


SPICA REAL: Creditors' Proofs of Debt Due on April 29
-----------------------------------------------------
The creditors of Spica Real Estate Investment Corporation are
required to file their proofs of debt by April 29, 2010, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on March 19, 2010.

The company's liquidators are:

         Connan Hill
         Bronwynne R. Arch
         c/o Bronwynne R. Arch
         Telephone: 949-7755
         Facsimile: 949-7634
         P.O. Box 1109, Grand Cayman KY-1102
         Cayman Islands


UBP TURKISH: Shareholders' Final Meeting Set for April 19
---------------------------------------------------------
The shareholders of UBP Turkish Equity Fund Ltd. will hold their
final meeting on April 19, 2010, at 9:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Richard Finlay
         c/o Krysten Lumsden
         Telephone: (345) 814 7366
         Facsimile: (345) 945 3902
         P.O. Box 2681, Grand Cayman KY1-1111
         Cayman Islands


UNITY HOLDCO: Creditors' Proofs of Debt Due on April 29
-------------------------------------------------------
The creditors of Unity Holdco Limited are required to file their
proofs of debt by April 29, 2010, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on March 19, 2010.

The company's liquidator is:

         Jess Shakespeare
         c/o Maples Finance Limited
         PO Box 1093, Boundary Hall
         Grand Cayman KY1-1102, Cayman Islands


UNITY MULTI-TECH: Creditors' Proofs of Debt Due on April 20
-----------------------------------------------------------
The creditors of Unity Multi-Tech Holdings, Ltd. are required to
file their proofs of debt by April 20, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on March 17, 2010.

The company's liquidator is:

         Ogier
         c/o Martina de Lima
         Telephone: (345) 815-1790
         Facsimile: (345) 949-9877
         89 Nexus Way, Camana Bay


WIJO JAPAN: Shareholders' Final Meeting Set for April 30
--------------------------------------------------------
The shareholders of Wijo Japan Value Fund Inc. will hold their
final meeting on April 30, 2010, at 8:30 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9002, Cayman Islands


YK FUNDING: Creditors' Proofs of Debt Due on April 29
-----------------------------------------------------
The creditors of YK Funding Corporation are required to file their
proofs of debt by April 29, 2010, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on March 10, 2010.

The company's liquidator is:

         Jess Shakespeare
         c/o Maples Finance Limited
         PO Box 1093, Boundary Hall
         Grand Cayman KY1-1102, Cayman Islands


===============
C O L O M B I A
===============


BANCOLOMBIA SA: Arranges $350-Mil. Financing for AEI Power Plant
----------------------------------------------------------------
AEI's wholly owned subsidiary, Jaguar Energy Guatemala LLC, closed
long-term financing for the construction of a new 300 MW solid
fuel-fired power plant located near Puerto Quetzal, Guatemala.
The $350 million facility is a 10-year construction and term loan
formed by a syndicate of regional and international banks led by
Banca de Inversion Bancolombia Corporacion Financiera, S.A. and
the Central American Bank for Economic Integration.

The power plant, which will be built by China Machine New Energy
Corp. pursuant to a "turn-key" EPC contract, consists of two solid
fuel fired circulated fluidized bed boilers using advanced
technology designed to comply with the Equator Principles and
International Finance Corporation's Performance Standards and
Environmental, Health and Safety Guidelines.  Jaguar Energy is
contracted to sell 200 MW of its power to Gas Natural's local
Guatemalan electricity distribution companies through 15-year
PPA's entered into in 2008 with the remainder expected to be sold
in the local Guatemalan and regional wholesale power markets.
Notice to commence under the EPC contract was issued on March 29,
2010, and commercial operation is anticipated in 2013.

"This energy infrastructure investment underpins AEI's continued
commitment to Guatemala and the Central American region and is
indicative of the company's confidence in the electricity sector's
legal and regulatory frameworks", said Jim Hughes, AEI's Chief
Executive Officer.

"The project's financing has been a successful joint effort
between AEI and the lead arrangers; the result is a facility with
sound fundamentals that demonstrates the financial market
potential for well structured development projects", said Mr.
Rodrigo Velasquez Uribe and Mr. Nick Rischbieth respective CEO's
from BI Bancolombia and CABEI, in a joint statement.

"On completion, Jaguar Energy will provide Guatemala with reliable
and affordable energy, which will contribute to improving the
overall economic environment and investment conditions for
Guatemala", added Roberto Figueroa, AEI's Executive Vice President
for Central America and the Caribbean.

                           About AEI

AEI owns and operates essential energy infrastructure businesses
in emerging markets, with more than $8.2 billion in revenues in
2009.  AEI has approximately 4.9 million electric power customers,
2.5 million natural gas customers and 15,430 employees.  AEI
operates businesses in Power Distribution, Power Generation,
Natural Gas Transportation and Services, Natural Gas Distribution,
and Retail Fuel, with approximately 121,000 miles of power
distribution and transmission lines, 2,277 MW of electric power
generation capacity, 4,920 miles of natural gas and gas liquids
pipelines, 21,656 miles of natural gas pipeline distribution
networks and over 1,800 owned and affiliated gasoline and
compressed natural gas service stations.

                        About Bancolombia

Bancolombia S.A. is Colombia's largest full-service financial
institution, formed by a merger of three leading Colombian
financial institutions.  Bancolombia's market capitalization is
over US$5.5 billion, with US$13.8 billion asset base and
US$1.4 billion in shareholders' equity as of Sept. 30, 2006.
Bancolombia is the only Colombian company with an ADR level III
program in the New York Stock Exchange.

                           *     *     *

As of March 14, 2010, the bank continues to carry Fitch ratings
"BB+" LT Issuer default ratings and Subordinate debt rating.  The
company also continues to carry ST FC Issuer Default ratings.


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D O M I N I C A N  R E P U B L I C
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* DOMINICAN REPUBLIC: To Sell 49% of Refinery to Venezuela
----------------------------------------------------------
The Dominican Republic is working out the final terms of a long-
discussed deal to sell nearly half the shares of the Caribbean
nation's refinery to oil-rich Venezuela, Jamaica Observer reports,
citing Treasury Minister Vicente Bengoa.

According to the report, Mr. Bengoas said that the sale of 49% of
Refineria Dominicana de Petroleo SA for US$131.5 million should
become official April 19, 2010.

Mr. Bengoa, the report notes, said that the sale will allow the
Dominican Republic to become an oil distribution center for the
Caribbean and possibly Central America.  The agreement will be
sent to the Dominican Congress for approval after it is signed in
Venezuela's capital, Caracas, he added.

The Observer notes that the refinery, on the outskirts of the
Dominican capital, has been in operation since 1973 and produces
30,000 barrels of fuel a day.  It was part-owned by Royal Dutch
Shell until Fernandez's government bought its stake in 2008 for
US$110 million, the report adds.

                          *     *     *

According to Moody's Investors Service, Venezuela continues to
carry a B2 foreign currency rating and a B1 local currency rating
with stable outlook.


=============
J A M A I C A
=============


AIR JAMAICA: Trade Unions Still "in the Dark" on Divestment
-----------------------------------------------------------
Trade unions representing workers at Air Jamaica Limited continue
to complain that they are in the dark on critical aspects of the
divestment exercise, RadioJamaica reports.

According to the report, the Bustamante Industrial Trade Union,
which represents several categories of Air Jamaica employees,
including flight attendants, says it has not been officially
informed if an agreement has been signed for Caribbean Airlines to
acquire Air Jamaica.  The report relates President-General of the
BITU, Kavon Gayle, says other issues are being kept a secret by
the authorities.  "We still don't know if there is a divestment,
we still haven't heard anything in terms of a signed deal with
Caribbean Airlines, we still don't know the terms and conditions
of employment that Caribbean Airlines is proposing to employ the
Air Jamaica employees, we still don't know what areas of the
business is going to be utilized," the report quoted Mr. Gayle as
saying.

Meanwhile, the report notes, BITU is claiming that it has received
information that some members of Air Jamaica's flight crew are
having difficulties renewing their work visas.  The report relates
that Mr. Gayle believes this is due to the cloud of uncertainty
surrounding the sale of the airline.  "And as we speak there are
some groupings that have sought to apply for crew visas and have
not been able to attain such crew visas and we estimate that they
have not been able to acquire such visas because of the possible
closure of Air Jamaica and it is not imminent that they will be
employed anywhere else not having any signed deal," the report
quoted Mr. Gayle as saying.

As reported in the Troubled Company Reporter-Latin America on
March 5, 2010, Gleaner Power 106 said that Air Jamaica Limited's
management has indicated a proposed date for the redundancy of all
employee positions at the airline.  The report related that in a
memorandum to the staff, Airline President Bruce Nobles told the
employees that the Air Jamaica management is working with
Caribbean Airlines towards a major schedule change on April 12.

                     About Air Jamaica

Headquartered in Kingston, Jamaica, Air Jamaica Limited --
http://www.airjamaica.com/-- was founded in 1969.  It flies
passengers and cargo to almost 30 destinations in the Caribbean,
Europe, and North America.  Air Jamaica offers vacation packages
through Air Jamaica Vacations.  The company closed its intra-
island services unit, Air Jamaica Express, in October 2005.  The
Jamaican government owned 25% of the company after it went private
in 1994.  However, in late 2004, the government assumed full
ownership of the airline after an investor group turned over its
75% stake.  The Jamaican government does not plan to own Air
Jamaica permanently.

                           *     *     *

As reported in the Troubled Company Reporter-Latin America on
January 27, 2010, Moody's Investors Service changed the ratings
outlook of Air Jamaica Limited to stable.  The Corporate Family
and senior unsecured ratings of Air Jamaica are affirmed at Caa1.
The change in outlook mirrors the change of the outlook of the
foreign currency bond rating of The Government of Jamaica to
stable, which occurred on January 22, 2010.  The ratings reflect
Jamaica's unconditional and irrevocable guarantee of the rated
debt obligations of Air Jamaica.  The foreign currency bond rating
of Jamaica remains Caa1, notwithstanding the January 22, 2010
downgrade of Jamaica's local currency bond rating by Moody's to
Caa2.

As reported in the TCR-LA on November 5, 2009, Standard & Poor's
Ratings Services said that it lowered its long-term corporate
credit rating on Air Jamaica Ltd. to 'CCC' from 'CCC+'.  The
outlook is negative.


NATIONAL COMMERCIAL BANK: Creates JM$10-Million Fund
----------------------------------------------------
National Commercial Bank Jamaica Limited is providing grant
funding of up to JM$10 million to staff members affected by the
bank's major redundancy exercise last month through what it has
titled a Post Redundancy Entrepreneurship Program, Jamaica
Observer reports.

According to the report, effective April 12, 2010, each successful
applicant will receive a JM$250,000 grant towards the start up of
a viable business venture intended to secure the applicants'
financial independence. The offer will close on June 30.

"We consider the PREP to be an excellent means by which we can
enrich the lives of our former employees, while positively
impacting the SME sector through the deployment of well-trained
and talented business operators backed by the country's largest
financial institution, NCB," the report quoted Patrick Hylton,
group managing director, NCB, as saying.

The bank, the report notes, said that since the March 5 separation
activity, it has provided affected staff with free consultation
sessions facilitated by qualified and experienced psychologists,
outplacement services, resume preparation and posting and links to
career search and placement engines, mock interview sessions and
individual discussions with HR personnel to aid the process of
transition.

                       About NCB Jamaica

Headquartered in Kingston, Jamaica, the National Commercial Bank
Jamaica Limited -- http://www.jncb.com/-- provides commercial
and retail banking, wealth management services.  The company's
services include personal banking, business banking, mortgage
loans, wealth management and insurance services.  Founded in
1977, the bank primarily operates in West Indies and the U.K.

                           *     *     *

As reported in the Troubled Company Reporter-Latin America on
March 1, 2010, Fitch Ratings upgraded the ratings of Jamaica-based
National Commercial Bank Jamaica Limited's Long-term foreign and
local currency Issuer Default Rating to 'B-' from 'CCC'; Short-
term foreign and local currency IDR to 'B' from 'C'; and Support
floor to 'B-' from 'CCC'.


* JAMAICA: Drought Could Have Implications for Inflation Targets
----------------------------------------------------------------
Concern is being raised that the effects of the worsening drought
could have implications for the Government's inflation target this
fiscal year, RadioJamaica reports.  The report relates that there
are fears that among other things, the dry spell will lead to a
spike in the prices of agricultural produce as well as a shortage
of supplies.

According to the report, Economist Dr. Davidson Daway said that
this will have an inflationary impact.  "Of course there is less
production at this point in time.  It was the intention of the
government to reduce the amount of imported food but as you can
tell due to the uncanny situation we have to rely on imports
because of course we have to feed the people," the report quoted
Dr. Daway as saying.  This also has implications for the Budget as
the Government will have to find funds to assist farmers who have
been hit hard by the drought, he added.

Meanwhile, the report notes, farmers in Jamaica's southern farming
belt continue to rack up huge losses as the drought takes a major
toll on the agricultural sector.  The report relates Chief
Technical Director in the Ministry of Agriculture, Dr. Mark
Panton, said that 11 parishes are currently facing moderate to
severe drought.

                          *     *     *

According to the TCRLA on January 18, 2010, Fitch Ratings
downgraded Jamaica's long-term local currency rating
to 'C' from 'CCC'.  In addition, Fitch has affirmed Jamaica's
long-term and short-term foreign currency ratings at 'CCC' and 'C'
respectively, and affirmed the Country Ceiling at 'B-'.  Jamaica's
sovereign ratings Outlook remains Negative


===========
M E X I C O
===========


CREDITO REAL: S&P Assigns 'BB-' Rating on $180 Mil. Senior Notes
----------------------------------------------------------------
Standard & Poor's Ratings Services said that it assigned its 'BB-'
rating to the up to $180 million five-year senior unsecured notes
proposed by Credito Real S.A. de C.V. SOFOM E.N.R.  The outlooks
are stable.

"The ratings on Credito Real reflect its high dependence on
volatile funding sources, primarily market debt, somewhat
increasing its refinancing risk," said Standard & Poor's credit
analyst Alfonso J. Novelo.  "Also, S&P consider the strong
competition in payroll discount lending in Mexico."

Somewhat offsetting these risks are the company's adequate asset
quality, improved and more stable profitability, and improvements
in adjusted capitalization.

The rating on the notes also takes into consideration a full
foreign-exchange hedge, of principal and interest, during the
whole term of the notes.  S&P believes a rolling swap hedge to be
riskier, and S&P could review the ratings if such a swap is used.

The counterparty credit rating on Credito Real remains at 'BB-'
with a stable outlook.

                           Ratings List

              Credito Real S.A. de C.V.  SOFOM E.N.R.

   Counterparty Credit Rating                     BB-/Stable/--

                            New Rating

        $180 mil sr unsecd notes due 2015              BB-


PRUDENTIAL BANK: Moody's Confirms 'E+' Bank Strength Rating
-----------------------------------------------------------
Moody's Investors Service confirmed Prudential Bank, S.A.'s
(Prudential Bank) bank financial strength rating of E+ and raised
its baseline credit assessment to B1, from B2.  At the same time,
Moody's downgraded the bank's long term local and foreign currency
deposit ratings to Ba3, from Ba2, while affirming the short term,
local and foreign currency Not Prime deposit ratings.  In line
with this action, Moody's de Mexico downgraded Prudential Bank's
Mexican National Scale deposit ratings to A3.mx, from A2.mx.

These rating actions conclude Moody's review for possible
downgrade of Prudential Bank's ratings that was initiated on
May 28, 2009, following the announcement by Grupo Actinver, S.A.
de C.V.  that it had acquired Prudential Financial Inc.'s
(Prudential USA) Mexican banking operations, among others,
Prudential Bank.

In raising the baseline credit assessment to B1, from B2, Moody's
noted that Prudential Bank is likely to benefit from its new
ownership by a major indigenous financial group, whose primary
focus is fund management and brokerage activities in Mexico.  As
part of Grupo Actinver, the bank will likely enjoy access to a
broader geographic and client bases, as well as a potentially more
diverse product platform, which together may result in enhanced
earnings generation going forward.  Nevertheless, Moody's sees
Prudential Bank as facing the challenges and execution risk posed
by the transition and integration of its business and
infrastructure into Grupo Actinver.

Moody's also noted that the bank's deposit rating continues to
incorporate its assessment of high probability of support from its
shareholders -- an assessment that results in a one-notch uplift
to Ba3, from its baseline credit assessment of B1.  Previously,
Moody's had assessed high parental support from Prudential USA to
its banking operations in Mexico, with a resulting three-notch
uplift on the deposit rating, to Ba2.

Grupo Actinver ranks as the fifth largest fund manager in Mexico,
with Mx$160 billion in assets under management as of year end 2009
The group's brokerage house, Actinver Casa de Bolsa, S.A. de C.V.,
is also well positioned in a highly competitive market segment,
ranking as the ninth largest in securities under custody, and the
second largest in terms of clients as of year end 2009 The group's
operations are geographically dispersed in Mexico and have a
predominantly retail profile, as suggested by the important
contribution of fees to its earnings.

Prudential Bank had total assets of Mx$1.1 billion and
shareholders' equity of Mx$431 million as of December 31, 2009.

The last rating action on Prudential Bank was on May 28, 2009,
when Moody's placed the entity's deposit ratings and bank
financial strength rating on review for possible downgrade.

These actions were taken:

Prudential Bank, S.A.

  -- Bank financial strength rating of E+, confirmed

  -- Baseline credit assessment raised to B1, from B2

  -- Long term local currency deposit rating downgraded to Ba3,
     from Ba2

  -- Long term foreign currency deposit rating downgraded to Ba3,
     from Ba2

  -- Short term local currency deposit rating of Not Prime,
     affirmed

  -- Short term foreign currency deposit rating of Not Prime,
     affirmed

  -- Mexican National Scale long term deposit rating downgraded to
     A3.mx, from A2.mx

  -- Mexican National Scale short term deposit rating downgraded
     to MX-3, from MX-2


SATMEX SA: Puts US$2 Million Down on New Satellite
--------------------------------------------------
Peter B. de Selding at SpaceNews reports that Satelites Mexicanos,
S.A. de C.V. has paid US$2 million to manufacturer Space
Systems/Loral to begin work on a Satmex 8 satellite to replace
Satmex 5, whose fuel will run out in 31 months.  However, the
report relates the company has no authorization from its creditors
to sign a full construction contract, Satmex announced April 1.

According to the report, citing a filing with the U.S. Securities
and Exchange Commission, Satmex said that its US$2 million
Authorization to Proceed agreement with Palo Alto, Calif.-based
Space Systems/Loral expires in June if it is not followed up by a
full-scale Satmex 8 contract.  The report relates that if Satmex's
bondholders approve the investment by April 22, Satmex 8, carrying
64 C- and Ku-band transponders, could be made ready for launch by
July 2012, Satmex said.  A later approval would start the 27-month
construction countdown at the time of the contract signature, the
report notes.

Satmex SA, the report says, estimates that Satmex 8, to replace
Satmex 5 in geostationary orbit at 116.8 degrees west longitude,
would cost about US$350 million to build, launch and insure. To
meet the schedule, Satmex would need to make contract payments
totaling US$65 million in the next five months, the report
relates.

The report discloses that replacing Satmex 5 became Satmex's
highest priority in January, when the second of the satellite's
two xenon-ion propulsion systems failed.  Satmex 5 remains fully
operational but is relying exclusively on its chemical propellant
system and will be forced into retirement in 31 months, the report
adds.

                          About Satmex

Satelites Mexicanos, S.A. de C.V., is the leading satellite
service provider in Latin America.  Satmex's fleet offers
hemispheric and regional coverage throughout the Americas.

                           *     *     *

As of September 1, 2009, the company continues to carry these
ratings placed by Moody's:

   -- Issuer Rating of C,
   -- Senior Secured Rating of Caa1,
   -- Long-term Corporate Family Rating of Ca, and
   -- Senior Unsecured Debt Rating of C.


=================
V E N E Z U E L A
=================


PETROLEOS DE VENEZUELA: Reports Normal Operations at Cardon Unit
----------------------------------------------------------------
Petroleos de Venezuela said that the catalytic unit of the
Paraguana Refining Complex, in Cardon, is fully operational, with
by-products meeting the standards required by the unit, El
Universal News reports.

According to the report, Jesus Luongo, the general manager of the
refinery, said that the unit is working with the standard load and
is operating normally.  The report relates Mr. Luongo said that
during repairs there was no impact on fuel production intended for
domestic consumption and export.

A multidisciplinary team, the report notes, is investigating the
causes of a fire that caused minor damages to the plant on
March 28.

                            About PDVSA

Petroleos de Venezuela -- http://www.pdvsa.com/-- is Venezuela's
state oil company in charge of the development of the petroleum,
petrochemical, and coal industry, as well as planning,
coordinating, supervising, and controlling the operational
activities of its divisions, both in Venezuela and abroad.

                           *     *     *

As of March 8, 2010, the company continues to carry Moody's "Ba1"
LC Curr Issuer rating.  The company also continues to carry
Standard and Poor's "B+" LT Issuer credit ratings.


* VENEZUELA: Dominican Republic to Sell 49% Refinery
----------------------------------------------------
The Dominican Republic is working out the final terms of a long-
discussed deal to sell nearly half the shares of the Caribbean
nation's refinery to oil-rich Venezuela, Jamaica Observer reports,
citing Treasury Minister Vicente Bengoa.

According to the report, Mr. Bengoas said that the sale of 49% of
Refineria Dominicana de Petroleo SA for US$131.5 million should
become official April 19, 2010.

Mr. Bengoa, the report notes, said that the sale will allow the
Dominican Republic to become an oil distribution center for the
Caribbean and possibly Central America.  The agreement will be
sent to the Dominican Congress for approval after it is signed in
Venezuela's capital, Caracas, he added.

The Observer notes that the refinery, on the outskirts of the
Dominican capital, has been in operation since 1973 and produces
30,000 barrels of fuel a day.  It was part-owned by Royal Dutch
Shell until Fernandez's government bought its stake in 2008 for
US$110 million, the report adds.

                          *     *     *

According to Moody's Investors Service, Venezuela continues to
carry a B2 foreign currency rating and a B1 local currency rating
with stable outlook.


===============
X X X X X X X X
===============


* Upcoming Meetings, Conferences and Seminars
---------------------------------------------

April 20-22, 2010
TURNAROUND MANAGEMENT ASSOCIATION
    Sheraton New York Hotel and Towers, New York, NY
       Contact: http://www.turnaround.org/

Apr. 29-May 2, 2010
AMERICAN BANKRUPTCY INSTITUTE
    Annual Spring Meeting
       Gaylord National Resort & Convention Center, Maryland
          Contact: 1-703-739-0800; http://www.abiworld.org/

June 17-20, 2010
AMERICAN BANKRUPTCY INSTITUTE
    Central States Bankruptcy Workshop
       Grand Traverse Resort and Spa, Traverse City, Michigan
          Contact: 1-703-739-0800; http://www.abiworld.org/

July 7-10, 2010
AMERICAN BANKRUPTCY INSTITUTE
    Northeast Bankruptcy Conference
       Ocean Edge Resort, Brewster, Massachusetts
          Contact: 1-703-739-0800; http://www.abiworld.org/

July 14-17, 2010
AMERICAN BANKRUPTCY INSTITUTE
    Southeast Bankruptcy Conference
       The Ritz-Carlton Amelia Island, Amelia, Fla.
          Contact: http://www.abiworld.org/

Aug. 5-7, 2010
AMERICAN BANKRUPTCY INSTITUTE
    Mid-Atlantic Bankruptcy Workshop
       Hyatt Regency Chesapeake Bay, Cambridge, Maryland
          Contact: 1-703-739-0800; http://www.abiworld.org/

Oct. 6-8, 2010
TURNAROUND MANAGEMENT ASSOCIATION
    TMA Annual Convention
       JW Marriott Grande Lakes, Orlando, Florida
          Contact: http://www.turnaround.org/

Dec. 2-4, 2010
AMERICAN BANKRUPTCY INSTITUTE
    22nd Annual Winter Leadership Conference
       Camelback Inn, Scottsdale, Arizona
          Contact: 1-703-739-0800; http://www.abiworld.org/

Mar. 31-Apr. 3, 2011
AMERICAN BANKRUPTCY INSTITUTE
    Annual Spring Meeting
       Gaylord National Resort & Convention Center, Maryland
          Contact: 1-703-739-0800; http://www.abiworld.org/

June 9-12, 2011
AMERICAN BANKRUPTCY INSTITUTE
    Central States Bankruptcy Workshop
       Grand Traverse Resort and Spa
          Traverse City, Michigan
             Contact: http://www.abiworld.org/

October 25-27, 2011
TURNAROUND MANAGEMENT ASSOCIATION
    Hilton San Diego Bayfront, San Diego, CA
       Contact: http://www.turnaround.org/

Dec. 1-3, 2011
AMERICAN BANKRUPTCY INSTITUTE
    23rd Annual Winter Leadership Conference
       La Quinta Resort & Spa, La Quinta, California
          Contact: 1-703-739-0800; http://www.abiworld.org/


                            ***********

Monday's edition of the TCR-LA delivers a list of indicative
prices for bond issues that reportedly trade well below par.
Prices are obtained by TCR-LA editors from a variety of outside
sources during the prior week we think are reliable.   Those
sources may not, however, be complete or accurate.  The Monday
Bond Pricing table is compiled on the Friday prior to
publication.  Prices reported are not intended to reflect actual
trades.  Prices for actual trades are probably different.  Our
objective is to share information, not make markets in publicly
traded securities.  Nothing in the TCR-LA constitutes an offer
or solicitation to buy or sell any security of any kind.  It is
likely that some entity affiliated with a TCR-LA editor holds
some position in the issuers' public debt and equity securities
about which we report.

Tuesday's edition of the TCR-LA features a list of companies
with insolvent balance sheets obtained by our editors based on
the latest balance sheets publicly available a day prior to
publication.  At first glance, this list may look like the
definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical
cost net of depreciation may understate the true value of a
firm's assets.  A company may establish reserves on its balance
sheet for liabilities that may never materialize.  The prices at
which equity securities trade in public market are determined by
more than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Thursday's edition of the TCR-LA. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com

                            ***********


S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter - Latin America is a daily newsletter
co-published by Bankruptcy Creditors' Service, Inc., Fairless
Hills, Pennsylvania, USA, and Beard Group, Inc., Frederick,
Maryland USA, Marites O. Claro, Joy A. Agravente, Rousel Elaine C.
Tumanda, Valerie C. Udtuhan, Frauline S. Abangan, and Peter A.
Chapman, Editors.


Copyright 2010.  All rights reserved.  ISSN 1529-2746.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.

Information contained herein is obtained from sources believed to
be reliable, but is not guaranteed.

The TCR Latin America subscription rate is US$625 per half-year,
delivered via e-mail.  Additional e-mail subscriptions for members
of the same firm for the term of the initial subscription or
balance thereof are US$25 each.  For subscription information,
contact Christopher Beard at 240/629-3300.


           * * * End of Transmission * * *