TCRLA_Public/100712.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

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

              Monday, July 12, 2010, Vol. 11, No. 135

                            Headlines



A R G E N T I N A

ALTOVIA SRL: Creditors' Proofs of Debt Due on December 7
BA BERRIES: Creditors' Proofs of Debt Due on September 2
COLMED SA: Creditors' Proofs of Debt Due on August 10
DIARGENTI SA: Creditors' Proofs of Debt Due on September 6
DYDCOM ARGENTINA: Creditors' Proofs of Debt Due on August 31

ERGASON SA: Creditors' Proofs of Debt Due on August 23
KIME SA: Creditors' Proofs of Debt Due on August 6
MAGGI SRL: Creditors' Proofs of Debt Due on September 7
MARAYES SA: Creditors' Proofs of Debt Due on August 31
RIESTRA SEMILLAS: Creditors' Proofs of Debt Due on August 20

* ARGENTINA: Gets US$710MM IDB Loan to Finance Works in Cities


B E R M U D A

INTERNATIONAL DATABASE: Creditors' Proofs of Debt Due on July 16
INTERNATIONAL DATABASE: Members' Final Meeting Set for August 6
WORLDWIDE GOLF: Creditors' Proofs of Debt Due on July 16
WORLDWIDE GOLF: Members' Final Meeting Set for August 6


B R A Z I L

CAMARGO CORREA: Inks Alto Piura Works Contract
GERDAU SA: Colombian Plant Idle & Awaiting Liquidation Process


C A Y M A N  I S L A N D S

BBVA CAPITAL: Creditors' Proofs of Debt Due on August 6
BOEDROMIA INVESTMENTS: Creditors' Proofs of Debt Due on August 6
CAIRN CAPITAL: Creditors' Proofs of Debt Due on August 6
CREF NO. 3: Creditors' Proofs of Debt Due on August 6
DENEBOLA CAYMAN: Shareholders' Final Meeting Set for August 6

DUNBAR INTERNATIONAL: Creditors' Proofs of Debt Due on August 10
EAST ATLANTIC: Creditors' Proofs of Debt Due on August 6
GENERAL LEASING: Creditors' Proofs of Debt Due on August 6
GENERAL LEASING: Creditors' Proofs of Debt Due on August 6
GGR INSURANCE: Commences Liquidation Proceedings

HONOR IAM: Shareholders' Final Meeting Set for August 10
NORTHBAY INVESTMENTS: Creditors' Proofs of Debt Due on July 30
SHANGHAI AROMATICS: Shareholders' Final Meeting Set for August 9
STARTS (CAYMAN): Creditors' Proofs of Debt Due on August 6
STONE FUND: Creditors' Proofs of Debt Due on August 6

STONE FUND: Creditors' Proofs of Debt Due on August 6
SUPREME IAM: Shareholders' Final Meeting Set for August 10
TALA PARTNERS: Creditors' Proofs of Debt Due on July 27
THARGELIA INVESTMENTS: Creditors' Proofs of Debt Due on August 6
WORLD MOMENTUM: Creditors' Proofs of Debt Due on August 6


J A M A I C A

AIR JAMAICA: T&T Prime Minister Will Honor Merger Deal
AIR JAMAICA: NWU Wants Information on Airline Merger Deal
NATIONAL COMMERCIAL BANK: Money Laundering Ruling Set in September
RED STRIPE: To Make 60 Jobs Redundant


M E X I C O

CEMEX SAB: Sells Kentucky Assets for US$90MM to Reduce Debt
* MEXICO: Hurricane Credit Implications Likely Limited on Regions


V E N E Z U E L A

PETROLEOS DE VENEZUELA: Recovers Stolen Equipment
PETROLEOS DE VENEZUELA: Unit Carries Out Full Recovery of Tavsa


X X X X X X X X

* BOND PRICING: For the Week July 5, to July 9, 2010




                         - - - - -


=================
A R G E N T I N A
=================


ALTOVIA SRL: Creditors' Proofs of Debt Due on December 7
--------------------------------------------------------
The court-appointed trustee for Altovia S.R.L.'s bankruptcy
proceedings, will be verifying creditors' proofs of claim until
December 7, 2010.

The trustee will present the validated claims in court as
individual reports on February 21, 2011.  The National Commercial
Court of First Instance in Buenos Aires will determine if the
verified claims are admissible, taking into account the trustee's
opinion, and the objections and challenges that will be raised by
the company and its creditors.

Inadmissible claims may be subject to appeal in a separate
proceeding known as an appeal for reversal.

A general report that contains an audit of the company's
accounting and banking records will be submitted in court on
April 5, 2011.


BA BERRIES: Creditors' Proofs of Debt Due on September 2
--------------------------------------------------------
Hugo Hector Dogliani, the court-appointed trustee for BA Berries
SA's bankruptcy proceedings, will be verifying creditors' proofs
of claim until September 2, 2010.

Mr. Dogliani will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 6 in Buenos Aires, with the assistance of Clerk
No. 12, will determine if the verified claims are admissible,
taking into account the trustee's opinion, and the objections and
challenges that will be raised by the company and its creditors.

The Trustee can be reached at:

         Hugo Hector Dogliani
         Pedro Ignacio Rivera 3944
         Argentina


COLMED SA: Creditors' Proofs of Debt Due on August 10
-----------------------------------------------------
The court-appointed trustee for Colmed S.A.'s bankruptcy
proceedings, will be verifying creditors' proofs of claim until
August 10, 2010.

The trustee will present the validated claims in court as
individual reports on September 22, 2010.  The National Commercial
Court of First Instance in Buenos Aires will determine if the
verified claims are admissible, taking into account the trustee's
opinion, and the objections and challenges that will be raised by
the company and its creditors.

Inadmissible claims may be subject to appeal in a separate
proceeding known as an appeal for reversal.

A general report that contains an audit of the company's
accounting and banking records will be submitted in court on
November 4, 2010.


DIARGENTI SA: Creditors' Proofs of Debt Due on September 6
----------------------------------------------------------
The court-appointed trustee for Diargenti S.A.'s bankruptcy
proceedings, will be verifying creditors' proofs of claim until
September 6, 2010.

The trustee will present the validated claims in court as
individual reports on October 18, 2010.  The National Commercial
Court of First Instance in Buenos Aires will determine if the
verified claims are admissible, taking into account the trustee's
opinion, and the objections and challenges that will be raised by
the company and its creditors.

Inadmissible claims may be subject to appeal in a separate
proceeding known as an appeal for reversal.

A general report that contains an audit of the company's
accounting and banking records will be submitted in court on
November 29, 2010.


DYDCOM ARGENTINA: Creditors' Proofs of Debt Due on August 31
------------------------------------------------------------
Angel Vello Vazquez, the court-appointed trustee for Dydcom
Argentina SA's bankruptcy proceedings, will be verifying
creditors' proofs of claim until August 31, 2010.

Mr. Vazquez will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 20 in Buenos Aires, with the assistance of Clerk
No. 40, will determine if the verified claims are admissible,
taking into account the trustee's opinion, and the objections and
challenges that will be raised by the company and its creditors.

The Trustee can be reached at:

         Angel Vello Vazquez
         Parana 275
         Argentina


ERGASON SA: Creditors' Proofs of Debt Due on August 23
------------------------------------------------------
Ruben Eduardo Suez, the court-appointed trustee for Ergason SA's
bankruptcy proceedings, will be verifying creditors' proofs of
claim until August 23, 2010.

Mr. Suez will present the validated claims in court as individual
reports.  The National Commercial Court of First Instance No. 9 in
Buenos Aires, with the assistance of Clerk No. 18, will determine
if the verified claims are admissible, taking into account the
trustee's opinion, and the objections and challenges that will be
raised by the company and its creditors.

The Trustee can be reached at:

         Ruben Eduardo Suez
         Cesar Diaz 2324
         Aggentina


KIME SA: Creditors' Proofs of Debt Due on August 6
--------------------------------------------------
The court-appointed trustee for Kime S.A.'s bankruptcy
proceedings, will be verifying creditors' proofs of claim until
August 6, 2010.


MAGGI SRL: Creditors' Proofs of Debt Due on September 7
-------------------------------------------------------
Gustavo Horacio Di Capua, the court-appointed trustee for Maggi
SRL's bankruptcy proceedings, will be verifying creditors' proofs
of claim until September 7, 2010.

Mr. Di Capua will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 14 in Buenos Aires, with the assistance of Clerk
No. 27, will determine if the verified claims are admissible,
taking into account the trustee's opinion, and the objections and
challenges that will be raised by the company and its creditors.

The Trustee can be reached at:

         Gustavo Horacio Di Capua
         Muniz 416
         Argentina


MARAYES SA: Creditors' Proofs of Debt Due on August 31
------------------------------------------------------
Fernando Marziale, the court-appointed trustee for Marayes SA's
reorganization proceedings, will be verifying creditors' proofs of
claim until August 31, 2010.

Mr. Marziale will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 25 in Buenos Aires, with the assistance of Clerk
No. 50, will determine if the verified claims are admissible,
taking into account the trustee's opinion, and the objections and
challenges that will be raised by the company and its creditors.

Creditors will vote to ratify the completed settlement plan
during the assembly on June 8, 2011.

The Trustee can be reached at:

         Fernando Marziale
         Av. Callao 930
         Argentina


RIESTRA SEMILLAS: Creditors' Proofs of Debt Due on August 20
------------------------------------------------------------
Carlos Brezinki, the court-appointed trustee for Riestra Semillas
SA's reorganization proceedings, will be verifying creditors'
proofs of claim until August 20, 2010.

Mr. Brezinki will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 15 in Buenos Aires, with the assistance of Clerk
No. 29, will determine if the verified claims are admissible,
taking into account the trustee's opinion, and the objections and
challenges that will be raised by the company and its creditors.

Creditors will vote to ratify the completed settlement plan
during the assembly on June 1, 2011.

The Trustee can be reached at:

         Carlos Brezinki
         Lambare 1140
         Argentina


* ARGENTINA: Gets US$710MM IDB Loan to Finance Works in Cities
--------------------------------------------------------------
Argentina will embark on a major program to improve the quality
and coverage of water and sanitation services in its major cities
and suburban areas with a conditional credit line of up to US$710
million approved by the Inter-American Development Bank (IDB) last
week.

The first operation under the loan, for US$200 million, will
finance improvements in the sewerage service in the Greater San
Juan metropolitan area and upgrade the water service in the
central and western portions of the city of Salta.  Both urban
areas are located in Northwestern Argentina, and these projects
are expected to benefit some 600,000 people.

Funds will also be used to strengthen the institutional capacity
of service providers in both cities, and to assist with the
preparation of future projects.

Subsequent operations line will be used to finance some of the 16
projects in 11 provinces that have been prepared by ENOHSA,
Argentina's national water and sanitation agency.  These include 4
water and 12 sanitation projects.  Some funds will also be used to
strengthen the institutional capacity of ENOHSA as well as the
planning and regulatory functions of sub-national agencies in
charge of these services.

Argentina's government has identifies these individual projects as
part of its long-term strategy to reach universal coverage of
water and sanitation services and improve the quality and
efficiency of these services in areas where they are already
provided.  The IDB credit line will finance activities focused on
cities or urban areas with at least 50,000 inhabitants.

This program completes earlier IDB loans to Argentina's water and
sanitation sector, including one that finances projects in cities
of up to 50,000 inhabitants and one designed to support
investments in the city and suburbs of Buenos Aires.

The IDB loan is for a 25 years, with a 5-year grace period and an
interest rate based on LIBOR.

                        *     *     *

As of July 2, 2010, the Argentina republic continues to carry
Moody's "Caa1" CC LT foreign bank deposit rating and "B2" CC long-
term foreign currency debt ratings.  The company also continues to
carry Standard and Poor's "B-" currency long-term debt ratings and
"C" currency short-term debt ratings.


=============
B E R M U D A
=============


INTERNATIONAL DATABASE: Creditors' Proofs of Debt Due on July 16
----------------------------------------------------------------
The creditors of International Database & Mailing Limited are
required to file their proofs of debt by July 16, 2010, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on June 29, 2010.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House, Church Street
         Hamilton, Bermuda


INTERNATIONAL DATABASE: Members' Final Meeting Set for August 6
---------------------------------------------------------------
The members of International Database & Mailing Limited will hold
their final meeting, on August 6, 2010, at 9:30 a.m., to receive
the liquidator's report on the company's wind-up proceedings and
property disposal.

The company commenced wind-up proceedings on June 29, 2010.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House, Church Street
         Hamilton, Bermuda


WORLDWIDE GOLF: Creditors' Proofs of Debt Due on July 16
--------------------------------------------------------
The creditors of Worldwide Golf Tours and Events Limited are
required to file their proofs of debt by July 16, 2010, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on June 29, 2010.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House, Church Street
         Hamilton, Bermuda


WORLDWIDE GOLF: Members' Final Meeting Set for August 6
-------------------------------------------------------
The members of Worldwide Golf Tours and Events Limited will hold
their final meeting, on August 6, 2010, at 9:30 a.m., to receive
the liquidator's report on the company's wind-up proceedings and
property disposal.

The company commenced wind-up proceedings on June 29, 2010.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House, Church Street
         Hamilton, Bermuda


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


CAMARGO CORREA: Inks Alto Piura Works Contract
----------------------------------------------
Camargo Correa SA Project General Manager Humberto Correa said
that the company has signed a contract to carry out works for
Peru's Alto Piura multipurpose hydro project, Business News
Americas reports.

The report relates that the contract includes construction of the
Tronera Sur dam and a 13km tunnel to transport water from the
Huancabamba river to the Piura basin.  According to the report,
Camargo Correa said that the works begin this month and are
scheduled to take 48 months.

The report notes that the hydroelectric component envisions
1,917GWh/year, and the idea is for the private sector to operate
the power generation component under a concession.  Irrigation
improvements will benefit 31,000ha of existing land and 45,000ha
of new areas, the report says.

                       About Camargo Correa

Camargo Correa SA is one of the largest private industrial
conglomerates in Brazil.  The company is a holding company with
interests in cement, engineering and construction, textiles,
footwear and sportswear manufacturing.  It also owns non-
controlling equity interests in the energy, transportation
(highway concessions) and steel businesses.  During the last 12
months through June 2007, Camargo Correa had net sales of BRL9.2
billion and EBITDA of BRL1.4 billion.

                          *     *     *

As reported in the Troubled Company Reporter-Latin America on
November 26, 2009, Fitch Ratings rates Camargo and its special
purpose vehicle CCSA Finance Limited:

   -- foreign currency issuer default rating 'BB';
   -- local currency issuer default rating 'BB';


GERDAU SA: Colombian Plant Idle & Awaiting Liquidation Process
--------------------------------------------------------------
Gerdau S.A.'s Sidelpa steel plant in Colombia is not operating and
is still waiting for the liquidation process to go ahead in
accordance with the law, Steel Guru News reports, citing a company
spokesperson.  The report relates that the declaration follows
claims by a union leader who said that the Sidelpa plant is
operating and exporting part of its production.

According to the report, the spokesperson said: "Since it made the
decision to liquidate the company in June 2009, Sidelpa's machines
have not been used for production, so it hasn't been possible to
make products, much less export them."  The report relates that
Sidelpa steel plant went into liquidation because steel market
conditions nationally and internationally affected the company,
which was already going through financial difficulties.  "This led
shareholders to sell their stock and begin the liquidation
process," the report quoted the spokesman as saying.

The report notes that Sidelpa's low production volumes made it
uncompetitive internationally, which prevented it from generating
sufficient cash flow to meet its financial obligations.  The
report discloses that Sidelpa had been in existence for more than
40 years and was the only specialty steel producer in Colombia.
It was taken over by Gerdau in December 2004, the report relates.

                        About Gerdau S.A.

Headquartered in Porto Alegre, Brazil, Gerdau S.A. --
http://www.gerdau.com.br/-- produces and distributes crude steel
and related long rolled products, drawn products, and lon
specialty products.  In addition to Brazil, Gerdau operates in
Argentina, Canada, Chile, Colombia, Uruguay, India and the
United States.

                           *     *     *

As of June 23, 2010, the company continues to carry Moody's "Ba1"
long-term corporate family rating and "Ba1" senior unsecured debt
ratings.


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


BBVA CAPITAL: Creditors' Proofs of Debt Due on August 6
-------------------------------------------------------
The creditors of BBVA Capital Funding Ltd. are required to file
their proofs of debt by August 6, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on June 14, 2010.

The company's liquidator is:

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


BOEDROMIA INVESTMENTS: Creditors' Proofs of Debt Due on August 6
----------------------------------------------------------------
The creditors of Boedromia Investments Limited are required to
file their proofs of debt by August 6, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on June 14, 2010.

The company's liquidator is:

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


CAIRN CAPITAL: Creditors' Proofs of Debt Due on August 6
--------------------------------------------------------
The creditors of Cairn Capital CDO are required to file their
proofs of debt by August 6, 2010, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on June 25, 2010.

The company's liquidator is:

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


CREF NO. 3: Creditors' Proofs of Debt Due on August 6
-----------------------------------------------------
The creditors of CREF No. 3 Limited are required to file their
proofs of debt by August 6, 2010, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on June 25, 2010.

The company's liquidator is:

         Linburgh Martin
         c/o Neil Gray
         Telephone: (345) 949-8455
         Facsimile: (345) 949-8499
         Close Brothers (Cayman) Limited
         Harbour Place, Fourth Floor
         P.O. Box 1034, Grand Cayman, KY1-1102


DENEBOLA CAYMAN: Shareholders' Final Meeting Set for August 6
-------------------------------------------------------------
The shareholders of Denebola Cayman Limited will hold their final
meeting, on August 6, 2010, at 8:45 p.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

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


DUNBAR INTERNATIONAL: Creditors' Proofs of Debt Due on August 10
----------------------------------------------------------------
The creditors of Dunbar International Limited are required to file
their proofs of debt by August 10, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on June 8, 2010.

The company's liquidator is:

         David A.K. Walker
         c/o Adam Keenan
         Telephone: (345) 914-8743
         Facsimile: (345) 945-4237
         PO Box 258 Grand Cayman KY1-1104
         Cayman Islands


EAST ATLANTIC: Creditors' Proofs of Debt Due on August 6
--------------------------------------------------------
The creditors of East Atlantic Funding Corporation are required to
file their proofs of debt by August 6, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on June 25, 2010.

The company's liquidator is:

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


GENERAL LEASING: Creditors' Proofs of Debt Due on August 6
----------------------------------------------------------
The creditors of General Leasing Company (Cayman Islands) II Ltd.
are required to file their proofs of debt by August 6, 2010, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on June 18, 2010.

The company's liquidator is:

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


GENERAL LEASING: Creditors' Proofs of Debt Due on August 6
----------------------------------------------------------
The creditors of General Leasing Company (Cayman Islands) Ltd. are
required to file their proofs of debt by August 6, 2010, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on June 18, 2010.

The company's liquidator is:

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


GGR INSURANCE: Commences Liquidation Proceedings
------------------------------------------------
At an extraordinary general meeting held on June 17, 2010, the
shareholders of GGR Insurance Company, Ltd. resolved to
voluntarily liquidate the company's business.

The company's liquidator is:

         Cayman Standard Corporate Services Ltd.
         103 Carmen Blvd
         P.O. Box 2758, Grand Cayman KY1-1111
         Cayman Islands


HONOR IAM: Shareholders' Final Meeting Set for August 10
--------------------------------------------------------
The shareholders of Honor IAM Limited will hold their final
meeting, on August 10, 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:

         Westport Services Ltd
         c/o Bonnie Willkom
         Telephone: (345) 949-5122
         Facsimile: (345) 949-7920
         P.O. Box 1111, Grand Cayman KY1-1102
         Cayman Islands


NORTHBAY INVESTMENTS: Creditors' Proofs of Debt Due on July 30
--------------------------------------------------------------
The creditors of Northbay Investments Limited are required to file
their proofs of debt by July 30, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on June 24, 2010.

The company's liquidator is:

         Campbell Directors Limited
         Peter A. de Vere
         Campbells
         P.O. Box 268, KY1-1104, Grand Cayman
         Telephone: (345) 949 2648
         Facsimile: (345) 949 8613


SHANGHAI AROMATICS: Shareholders' Final Meeting Set for August 9
----------------------------------------------------------------
The shareholders of Shanghai Aromatics will hold their final
meeting, on August 9, 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:

         Avalon Management Limited
         Landmark Square
         1st Floor 64 Earth Close
         West Bay Beach
         P.O. Box 715, Grand Cayman KY1-1107
         Cayman Islands
         Facsimile: 1 345 769-9351


STARTS (CAYMAN): Creditors' Proofs of Debt Due on August 6
----------------------------------------------------------
The creditors of Starts (Cayman) Limited 2007-26 are required to
file their proofs of debt by August 6, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on June 21, 2010.

The company's liquidator is:

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


STONE FUND: Creditors' Proofs of Debt Due on August 6
-----------------------------------------------------
The creditors of Stone Fund Ltd are required to file their proofs
of debt by August 6, 2010, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on June 21, 2010.

The company's liquidator is:

         Wu Qianghua
         Julie Reynolds / Ellen Downey
         Telephone: 945-4777
         Facsimile: 945-4799
         P.O. Box 707, Grand Cayman KY1-1107
         Telephone: 945-4777
         Facsimile: 945-4799


STONE FUND: Creditors' Proofs of Debt Due on August 6
-----------------------------------------------------
The creditors of Stone Fund Asset Management Ltd are required to
file their proofs of debt by August 6, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on June 21, 2010.

The company's liquidator is:

         Wu Qianghua
         Julie Reynolds / Ellen Downey
         Telephone: 945-4777
         Facsimile: 945-4799
         P.O. Box 707, Grand Cayman KY1-1107
         Telephone: 945-4777
         Facsimile: 945-4799


SUPREME IAM: Shareholders' Final Meeting Set for August 10
----------------------------------------------------------
The shareholders of Supreme IAM Limited will hold their final
meeting, on August 10, 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:

         Westport Services Ltd
         c/o Bonnie Willkom
         Telephone: (345) 949-5122
         Facsimile: (345) 949-7920
         P.O. Box 1111, Grand Cayman KY1-1102
         Cayman Islands


TALA PARTNERS: Creditors' Proofs of Debt Due on July 27
-------------------------------------------------------
The creditors of Tala Partners Offshore Ltd. are required to file
their proofs of debt by July 27, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on June 23, 2010.

The company's liquidator is:

         Tala Investments LP
         Kalyan Kotamraju
         9720 Wilshire Blvd
         Suite 205, Beverly Hills CA 90212
         United States of America
         Telephone: + 1 310 550 7270
         Facsimile: + 1 310 550 7199
         e-mail: info@jeereddi.com


THARGELIA INVESTMENTS: Creditors' Proofs of Debt Due on August 6
----------------------------------------------------------------
The creditors of Thargelia Investments Limited are required to
file their proofs of debt by August 6, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on June 14, 2010.

The company's liquidator is:

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


WORLD MOMENTUM: Creditors' Proofs of Debt Due on August 6
---------------------------------------------------------
The creditors of World Momentum Equity Fund are required to file
their proofs of debt by August 6, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on June 21, 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 A M A I C A
=============


AIR JAMAICA: T&T Prime Minister Will Honor Merger Deal
------------------------------------------------------
Trinidad and Tobago Prime Minister Kamla Persad-Bissessar said her
government would honor the Air Jamaica Limited and Caribbean
Airlines Limited merger deal, despite perceived looming risks,
Livern Barret at Jamaica Gleaner reports.  The report relates that
this commitment comes after Persad-Bissessar's United National
Congress announced a review of the deal immediately after taking
office in May.

"When you put the pros and the cons together, the bottom line from
our review is that it would be advantageous to Jamaica and
Trinidad and Tobago to honor the agreement," the report quoted Ms.
Persad-Bissessar as saying.

According to the report, one of the risks to the deal, Ms. Persad-
Bissessar highlighted, was that Jamaica's open skies agreement
with the United States would lead to greater competition from low-
cost airlines out of the US.  The report relates that another
danger, she said, was that when Air Jamaica's fuel subsidy ends on
December 31, 2001.  "We run the risk of that increased fuel cost
putting us into a loss position.  When you couple this with the
low-cost airlines coming into Jamaica, there is a risk in that
regard," the report quoted Ms. Persad-Bissessar as saying.  "But
in every business venture there are risks, but we did the risk
analysis and the bottom line is we decided to go ahead with the
deal," she added.

As reported in the Troubled Company Reporter-Latin America on
June 23, 2010, Jamaica Gleaner said that Trinidad and Tobago's new
Finance Minister Winston Dookeran appointed a three-member
committee to probe the merger deal between Caribbean Airlines
Limited and Air Jamaica.  According to the report, the transaction
cost Trinidad and Tobago US$50 million to acquire and operate six
Air Jamaica aircraft and eight of its routes.  Jamaica got a 16%
stake in the merged operation, with CAL owning 84%.

                         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.


AIR JAMAICA: NWU Wants Information on Airline Merger Deal
---------------------------------------------------------
The National Workers Union, the union representing Air Jamaica
Limited, is again calling for the details of the deal between the
airline and Caribbean Airlines to be made public, Go-Jamaica
reports.

The report notes that the Caribbean Airlines officially took over
Air Jamaica's routes on May 1.  However, the report relates, since
then not much information has been provided as to the specifics of
the deal.

According to the report, NWU Vice President Granville Valentine is
hoping that issue will be discussed when Prime Minister Bruce
Golding meets with his Trinidadian counterpart Kamla Persad-
Bisesssar.  The report relates that Mr. Valentine also wants to
know if Ms. Bissessar plans to review the standard of the working
conditions at the new airline.

                        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: Money Laundering Ruling Set in September
------------------------------------------------------------------
Senior magistrate Georgiana Fraser is to rule on September 1,
2010, if money laundering charges filed against the National
Commercial Bank Limited should be thrown out, RadioJamaica
reports.  The report relates the two-year old trial continued
before the Corporate Area Criminal Court on July 7, 2010.

Since 2007, the report recalls, NCB has been fighting to clear its
name and reputation after being accused of failing to report on
the accounts of convicted drug lord Norris "Deedo" Nembhard as
required under the Money Laundering Act.  The report relates that
Garth McBean, the bank's lead attorney, urged Ms. Fraser to
dismiss the case brought by the Director of Public Prosecutions
and the Financial Crimes Division.

According to the report, Mr. McBean who found a loophole in the
old Money Laundering Act, argued that advisories which were issued
by the DPP's office, which was the designated authority at the
time, were not gazetted and were therefore not law.  The report
relates that the advisories informed banks that they had to report
financial transactions above US$50,000 to the designated authority
and FCD.  The report says that Mr. McBean added prosecutors have
failed to prove that senior managers at NCB failed to report the
transactions on Mr. Nemhard's accounts to the authorities in 2003.

RadioJamaica says that government prosecutors had urged the
magistrate to call upon NCB to answer the charges laid in court.

In a landmark move in 2007, the report notes, the Financial Crimes
Division of the Ministry of Finance served summonses on NCB
concerning six threshold transactions.  The report relates that
the FCD accused the bank of failing to report to the relevant
authority, information on Deedo Nembhard's accounts.

NCB, the report relates, confirmed that the transactions occurred
on Mr. Nembhard's accounts at one of its branches over a period of
eight months in 2003.  However, in its defence, NCB said that when
the transactions totaling US$870,000 were discovered, it took
disciplinary action against the employees involved, the report
discloses.

The bank faces a fine of US$2.4 million if convicted, the report
adds.

                         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'.


RED STRIPE: To Make 60 Jobs Redundant
-------------------------------------
Red Stripe Head of Corporate Relations Margaret Cremin said the
company will fire 60 employees on July 23, 2010, RadioJamaica
reports.  The report relates that the company move is the latest
redundancy exercise to be undertaken at the company.

According to the report, Red Stripe's management also revealed
that a number of vacant positions will not be filled, and have
been cancelled.  The report relates that Ms. Cremin said that line
staff and management personnel are among those to lose their jobs.

The report notes that Red Stripe's business performance had
declined progressively over the last two years.  The report notes
that the company's management was forced to revise its business
model to maintain viability and prepare for future growth.

Red Stripe is a Jamaican beer company.


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


CEMEX SAB: Sells Kentucky Assets for US$90MM to Reduce Debt
-----------------------------------------------------------
CEMEX, S.A.B. de C.V. has reached an agreement to sell some non-
core assets in Kentucky for $90 million in order to pay down some
of its debt, Paul Kiernan at Dow Jones Newswires reports.  The
report relates that the assets comprise seven aggregates quarries,
three distribution centers, and a concrete block manufacturing
plant.

According to the report, Cemex acquired the assets in 2007 as part
of its US$15.5 billion buyout of Australia's Rinker, which left
the company with a huge debt load and high exposure to the U.S.
home construction market which withered soon after.

"The facilities and properties were deemed non-core assets for
Cemex's integrated cement, concrete, aggregates and building
materials operations throughout the United States," the report
quoted the company as saying.  Bluegrass Materials Co., a
subsidiary of Panadero Aggregates Holdings LLC, is buying the
assets.

                       About CEMEX SAB

CEMEX, S.A.B. de C.V. is a Mexican corporation, a holding company
of entities which main activities are oriented to the construction
industry, through the production, marketing, distribution and sale
of cement, ready-mix concrete, aggregates and other construction
materials.  CEMEX is a public stock corporation with variable
capital (S.A.B. de C.V.) organized under the laws of the United
Mexican States, or Mexico.

                           *     *     *

As of May 20, 2010, the company continues to carry Standard and
Poor's "B" long-term issuer credit ratings.  The company also
continues to carry Fitch rating's "B" long-term issuer default
ratings and "B+" currency long-term debt ratings.


* MEXICO: Hurricane Credit Implications Likely Limited on Regions
-----------------------------------------------------------------
Last week, Hurricane Alex, a category 2 windstorm hit Northern
Mexico, causing intense rain and widespread flooding in the States
of Nuevo Leon and Tamaulipas.  While a full assessment of the
damages has not yet been finalized by public officials, Moody's
anticipates that the credit implications of the hurricane will
likely be limited for rated entities in the region, given a) the
expected low impact on long-term economic growth and b) federal
emergency funding via FODEN (Federal Natural Disaster Fund) that
will ease related financial pressures.  Nevertheless, given
uncertainties surrounding the full magnitude of damages, and risks
related to a current tropical depression that made landfall in
Northern Mexico earlier, which is increasing already high water
levels, Moody's will continue to monitor developments as they
arise and assess related credit risks.

Public sector entities rated in the region are:

  -- State of Nuevo Leon: Baa3 (Global Scale, local currency) and
     Aa3.mx (Mexican National Scale), negative outlook

  -- Municipality of Monterrey: Ba1 and A1.mx, stable outlook

  -- Municipality of San Pedro Garza Garcia: Baa3 and Aa3.mx,
     stable outlook

  -- Servicios de Agua y Drenaje de Monterrey (SADM, State Water
     and Sewer Company of Nuevo Leon): Baa3 and Aa3.mx, stable
     outlook

  -- Autopista Monterrey-Cadereyta: Baa2 and Aa2.mx, stable
     outlook

  -- State of Tamaulipas: Baa3 and Aa3.mx, stable outlook

  -- Municipality of Ciudad Victoria: Ba2 and A2.mx, stable
     outlook

  -- Municipality of Matamoros: Ba1 and A1.mx, stable outlook

  -- Municipality of Reynosa: Ba2 and A2.mx, stable outlook

  -- Municipality of Tampico: Ba2 and A2.mx, stable outlook

Moody's considers that the credit implications of the hurricane on
the ratings of the States of Nuevo Leon and Tamaulipas, the
Municipalities of Monterrey, San Pedro Garza Garcia, Matamoros,
Reynosa, Ciudad Victoria and Tampico and SADM, will likely be
limited.

"The metropolitan area of Monterrey, in the State of Nuevo Leon,
was particularly hard hit, with severe damages to public and
private infrastructure, however, damages in the Municipality of
San Pedro Garcia appear relatively less severe," says Maria del
Carmen Martinez-Richa, Assistant Vice President in the Sub-
Sovereign Group and lead analyst for these entities.  Although a
complete official assessment of the damages has not yet been
completed, the Governor of Nuevo Leon has estimated costs at
approximately MXN 10 billion (approximately 22% of total state
revenue in 2009).  In the case of SADM, some water and sewer
infrastructure was damaged and state officials have announced a
temporary reduction in tariff rates.

Despite these challenges, Moody's anticipates that the credit
implications for these entities will likely be limited, as a
result of the low expected impact on long-term economic growth and
the availability of federal emergency funding via FODEN (Federal
Natural Disaster Fund), which is expected to ease financial
pressures on these entities.  A negative outlook on the State of
Nuevo Leon's issuer ratings was assigned on June 29, 2010, to
reflect weakening financial results.  This action is not a result
of these recent events.

Also within the State of Nuevo Leon, the flow of traffic on the
Autopista Monterrey-Cadereyta toll road has been interrupted along
the main route by the flooding in the metropolitan area, while
damage has also occurred to urban routes that feed into the toll
road.  Additionally, toll collections were suspended starting last
Saturday to allow for easier access in and out of the city.  "We
anticipate that, barring other unexpected interruptions, the
Autopista Monterrey-Cadereyta will resume more normal operations
within a reasonable period of time, and its ability to meet timely
debt service payments will not be hampered, especially given the
12-month debt service reserve," says Laura Barrientos, Senior
Credit Officer in the Global Infrastructure and Project Finance
Group.  "Nonetheless, we will continue to monitor traffic and
revenue activity, along with reconstruction efforts of the urban
transportation infrastructure."

The State of Tamaulipas, located to the east of Nuevo Leon on Gulf
of Mexico, is currently in the process of evaluating the damage
caused in 19 municipalities, including Matamoros, Reynosa and
Ciudad Victoria.  "Preliminary reports, however, indicate that
water levels in local dams are very high, which may lead to
further infrastructure damages depending on the intensity of
current rainfalls," says Roxana Mu¤oz in the Sub-Sovereign Group,
Associate Analyst and lead analyst for these entities.

Given uncertainties surrounding the full magnitude of damages and
risks related to a current tropical depression that just made
landfall in Northern Mexico, Moody's will continue to monitor
developments as they arise.  As the situation becomes clearer,
Moody's will assess the credit implications of any further, or
currently unforeseen, developments, paying particular attention
to: a) the nature and magnitude of the damages as quantified by
official assessments, b) any structural damage to long-term
economic activity and c) financial actions of the three levels of
government, including the speed of emergency funds, to redress the
situation.


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


PETROLEOS DE VENEZUELA: Recovers Stolen Equipment
-------------------------------------------------
Daniel Wallis at Reuters reports that Petroleos de Venezuela was
able to recover stolen oil field equipment taken by thieves who
caused a loss of production of some 60,000 barrels per day and oil
spills in western Lake Maracaibo.

According to Reuters, PDVSA said thousands of kilos of stolen raw
copper, valves and copper nickel tubing were seized by authorities
last week in operations in the Latin American OPEC member.

"These criminal events were linked to acts of sabotage against the
oil industry that caused damage to the environment reflected in
the recent leaks in Lake Maracaibo," Reuters quoted PDVSA in a
statement made Wednesday.

                          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"
local currency issuer rating.  The company also continues to carry
Standard and Poor's "B+" long-term issuer credit ratings.

As reported in the Troubled Company Reporter-Latin America on
January 25, 2010, Reuters said that Petroleos de Venezuela's total
debt jumped 42% in 2009 after it borrowed heavily to pay off
service company debts and intervene in currency markets.  The
report related that PDVSA said that total outstanding debt rose to
US$21.4 billion from US$15.1 billion the year before.  According
to the report, PDVSA built up billions of dollars in debts to
service companies after the 2008 collapse of oil prices.


PETROLEOS DE VENEZUELA: Unit Carries Out Full Recovery of Tavsa
--------------------------------------------------------------
Industrial PDVSA, a Petroleos de Venezuela subsidiary, together
with workers united, carried out the full recovery of the Steel
Pipes Venezuela Factory SA (Tavsa), which was paralyzed by its
former private owners.

After a series of repair works were carried out, including
replacement of parts and equipment, which are components of the
Reactivation Plan, laminated tubes production was resumed for the
PDVSA Eastern Division operational activities.  The goal set by
the company management and workers is to produce 21,183 tons
between June and December of this year, as part of the productive
capacity recovery process of Tavsa.

Despite its importance to the national oil industry, Tavsa and
workers were abandoned to their fate by the businessmen who ran
the company.  By decree 6796, dated July 14, 2009, issued by
President Hugo Chavez, he ordered the purchase of the company and
its attachment to PDVSA.  Subsequently, in November 2009,
Industrial PDVSA assumed operational and financial control of
Tavsa from the hands of its previous owner Tenaris.  From that
moment efforts have been made to return the factory to its full
capacity and to guarantee the stability and labor rights of 380
employees.

During these months the Industrial PDVSA management together with
the workers have had workshops on (1) planning operational
recovery actions, (2) achieving labor agreements, (3) pursuing
diagnosis of the needs of the technical staff, and (4) identifying
requirements for raw materials, goods and services as well as
orders by the oil industry.

Tavsa was created to provide the oil industry, especially PDVSA,
with linear covered pipes of small and medium diameters, reaching
a production of 60 thousand tons.

Industrial PDVSA and Tavsa workers have made every effort to
consolidate this new socialist enterprise and place it to serve
the interests of the country, helping to establish the operational
independence in its main industry.

                          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"
local currency issuer rating.  The company also continues to carry
Standard and Poor's "B+" long-term issuer credit ratings.

As reported in the Troubled Company Reporter-Latin America on
January 25, 2010, Reuters said that Petroleos de Venezuela's total
debt jumped 42% in 2009 after it borrowed heavily to pay off
service company debts and intervene in currency markets.  The
report related that PDVSA said that total outstanding debt rose to
US$21.4 billion from US$15.1 billion the year before.  According
to the report, PDVSA built up billions of dollars in debts to
service companies after the 2008 collapse of oil prices.


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


* BOND PRICING: For the Week July 5, to July 9, 2010
----------------------------------------------------

Issuer               Coupon   Maturity   Currency          Price
------               ------   --------   --------          -----


ARGENT- DIS              5.83   12/31/2033   ARS             94.8
ARGENT-$DIS              8.28   12/31/2033   USD           66.375
ARGENT-$DIS              8.28   12/31/2033   USD               60
ARGENT-$DIS              8.28   12/31/2033   USD             65.5
ARGENT-PAR               1.18   12/31/2038   ARS               54
ARGENT-?DIS              7.82   12/31/2033   EUR            56.75
ARGENT-?DIS              7.82   12/31/2033   EUR            56.75
ARGNT-BOCON PR13            2   3/15/2024    ARS             69.8
BANCO MACRO SA          10.75   6/7/2012     USD         67.87239
BUENOS AIRE PROV        9.375   9/14/2018    USD         72.71491
BUENOS AIRE PROV        9.625   4/18/2028    USD         71.28976
BUENOS AIRE PROV        9.375   9/14/2018    USD           72.643
MENDOZA PROVINCE          5.5   9/4/2018     USD          77.1576


BRAZIL

BNDES PARTICIP              6   1/15/2012    BRL               38
CESP                     9.75   1/15/2015    BRL         71.42242


CAYMAN ISLAND

BANIF FIN LTD               3   12/31/2019   EUR           72.413
BARION FUNDING           1.44   12/20/2056   GBP         31.69761
BARION FUNDING           0.63   12/20/2056   GBP         18.02957
BCP FINANCE CO          5.543                EUR         61.77929
BCP FINANCE CO          4.239                EUR         60.45833
BES FINANCE LTD         6.984   2/7/2035     EUR         64.18588
BES FINANCE LTD          5.58                EUR           64.077
CHINA MED TECH              4   8/15/2013    USD            67.25
CHINA SUNERGY            4.75   6/15/2013    USD           72.897
DUBAI HLDNG COMM            6   2/1/2017     GBP           71.151
EFG ORA FUNDING           1.7   10/29/2014   EUR         59.18294
ESFG INTERNATION        5.753                EUR         64.16667
FERTINITRO FIN           8.29   4/1/2020     USD             69.5
MAZARIN FDG LTD          1.44   9/20/2068    GBP         29.03879
PUBMASTER FIN           6.962   6/30/2028    GBP         70.85157
SHINSEI FIN CAYM        6.418                USD         63.82958
SHINSEI FIN CAYM        6.418                USD             62.8
SHINSEI FINANCE          7.16                USD               65
SOLARFUN POWER H          3.5   1/15/2018    USD             61.5
SUNTECH POWER               3   3/15/2013    USD            74.25
AGUAS NUEVAS              3.4   5/15/2012    CLP           0.5928


   PUERTO RICO


PUERTO RICO CONS          6.2   5/1/2017     USD               48
PUERTO RICO CONS          6.5   4/1/2016     USD               57

VENEZUELA

PETROLEOS DE VEN        5.125   10/28/2016   USD         50.51602
PETROLEOS DE VEN         5.25   4/12/2017    USD         53.04211
PETROLEOS DE VEN        5.375   4/12/2027    USD         44.12154
PETROLEOS DE VEN          5.5   4/12/2037    USD         43.14382
PETROLEOS DE VEN          4.9   10/28/2014   USD         56.57008
PETROLEOS DE VEN            5   10/28/2015   USD         52.28085
SIDETUR FINANCE            10   4/20/2016    USD               71
VENEZUELA                   7   12/1/2018    USD             57.5
VENEZUELA                7.75   10/13/2019   USD               58
VENEZUELA                   6   12/9/2020    USD             51.5
VENEZUELA                   9   5/7/2023     USD               61
VENEZUELA                8.25   10/13/2024   USD               56
VENEZUELA                9.25   9/15/2027    USD           65.975
VENEZUELA                7.65   4/21/2025    USD            53.75
VENEZUELA                9.25   5/7/2028     USD               61
VENEZUELA                5.75   2/26/2016    USD             61.5
VENEZUELA                9.25   9/15/2027    USD          63.9008
VENEZUELA                   7   3/31/2038    USD         50.44541
VENEZUELA                   7   3/31/2038    USD             51.5
VENZOD - 189000         9.375   1/13/2034    USD               61



                            ***********

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 * * *