TCRLA_Public/120612.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

              Tuesday, June 12, 2012, Vol. 13, No. 116


                            Headlines



A N T I G U A  &  B A R B U D A

STANFORD INT'L: Prosecutors Want 230 Years for Convicted Owner


B A R B A D O S

REDJET: Sends Home Workers, Files for Debt Protection


B E R M U D A

BEARINGPOINT INTERNATIONAL: Creditors' Proofs of Debt Due June 25
BEARINGPOINT: Member to Hear Wind-Up Report on July 9
CPPIB BERMUDA: Creditors' Proofs of Debt Due June 22
CPPIB BERMUDA: Members' Final Meeting Set for July 13
INVESTORS TRADING: Creditors' Proofs of Debt Due June 28

INVESTORS TRADING: Member to Hear Wind-Up Report on July 9


C A Y M A N   I S L A N D S

KINGDOM 5-KR-86: Creditors' Proofs of Debt Due July 4
KINGDOM 5-KR-102: Creditors' Proofs of Debt Due July 4
KINGDOM 5-KR-125: Creditors' Proofs of Debt Due July 4
KINGDOM 5-KR-126: Creditors' Proofs of Debt Due July 4
KINGDOM 5-KR-129: Creditors' Proofs of Debt Due July 4

KINGDOM 5-KR-133: Creditors' Proofs of Debt Due July 4
KINGDOM 5-KR-135: Creditors' Proofs of Debt Due July 4
KINGDOM 5-KR-136: Creditors' Proofs of Debt Due July 4
KINGDOM 5-KR-139: Creditors' Proofs of Debt Due July 4
KINGDOM 5-KR-141: Creditors' Proofs of Debt Due July 4


T R I N I D A D  &  T O B A G O

CARIBBEAN AIRLINES: In Danger of Being Downgraded


X X X X X X X X

* Large Companies With Insolvent Balance Sheets




                            - - - - -


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


STANFORD INT'L: Prosecutors Want 230 Years for Convicted Owner
--------------------------------------------------------------
Trinidad Express reports that U.S. prosecutors have asked that
the convicted fraudster Robert Allen Stanford be given the
maximum penalty of 230 years in prison at his sentencing next
week.

"Robert Allen Stanford is a ruthless predator responsible for one
of the most egregious frauds in history," said the US Justice
Department in documents filed before US District Judge David
Hittner who is to impose the sanction here on June 14, according
to Trinidad Express.

Mr. Stanford, the report notes, has asked that his sentence be
limited to the three years he spent in jail awaiting trial.

The report notes that prosecutors said Mr. Stanford's lawyers
have asked for a prison sentence of 31 to 44 months.

                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 Feb. 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, 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 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 A R B A D O S
===============


REDJET: Sends Home Workers, Files for Debt Protection
-----------------------------------------------------
Trinidad Express reports that REDjet (Airone Caribbean/Airone
Ventures Limited) has suspended operations; sent home employees;
and filed for insolvency.

The airline said it had filed with the Supervisor of Insolvency
in Barbados a "notice of intention to make a proposal" to the
company's creditors under the Bankruptcy and Insolvency Act,
according to Trinidad Express.

Trinidad Express notes that all proceedings against the company
said it will be stayed with regard to debts REDjet owes as of
June 5.  The stay will be in place for 30 days initially.

Trinidad Express discloses that REDjet said the trustee will
invite creditors owed BDS$250 and more, including passengers who
have purchased tickets with the airline but who have yet to apply
for a refund, to prove their debts as required by the Act and
also call a meeting of creditors for the purpose of considering
and approving the company's proposal.

Media house Starcom Network reported that the airline informed
94 staff members by letter that it could no longer employ them.

"REDjet profoundly regrets this decision and its impact on its
suppliers, staff and passengers. REDjet believed that it had
secured the full aero-political support of the Barbados
government and authorities; had it gained access to all markets
as a designated national carrier this turn of events could have
been avoided. However, regrettably this has not been the
experience of the airline over the past two years . . . .  With
no consensus at a political or technical level to deliver on
these commitments which are critical to the development of any
airline there can be no future for REDjet in Barbados. Therefore,
despite the best efforts of the airline and its staff, REDjet has
been forced to make the regrettable decision to suspend all
operations," the report quoted the company as saying.

As reported in the Troubled Company Reporter-Latin America on
March 26, 2012, RJR News reports that REDjet's decision to
suspend all flights came a day after the airline announced the
addition of its new route to Antigua and Barbuda.  REDjet
officials are calling on the Barbadian government for close to
$8,000,000 in assistance, and to receive the same subsidies as
other airlines, RJR News noted.  The report disclosed that Mr.
Maharaj said governments cannot continue to expose themselves as
a guarantor to private enterprises.

REDjet (Airone Caribbean/Airone Ventures Limited) is a startup
low-cost carrier (LCC) based at the Grantley Adams International
Airport in Christ Church, Barbados, near Bridgetown.
Incorporated in Barbados, the privately owned airline features a
fleet of McDonnell Douglas MD-82 and MD-83 aircraft.



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


BEARINGPOINT INTERNATIONAL: Creditors' Proofs of Debt Due June 25
-----------------------------------------------------------------
The creditors of BearingPoint International Holdings Limited are
required to file their proofs of debt by June 25, 2012, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on June 7, 2012.

The company's liquidator is:

         H. Martin Shandles
         1660 North LaSalle Drive, Unit 4107
         Chicago, Illinois 60614
         U.S.A.


BEARINGPOINT: Member to Hear Wind-Up Report on July 9
-----------------------------------------------------
The member of BearingPoint International Holdings Limited will
receive on July 9, 2012, at 10:00 a.m., the liquidator's report
on the company's wind-up proceedings and property disposal.

The company commenced wind-up proceedings on June 7, 2012.

The company's liquidator is:

         H. Martin Shandles
         1660 North LaSalle Drive, Unit 4107
         Chicago, Illinois 60614
         U.S.A.


CPPIB BERMUDA: Creditors' Proofs of Debt Due June 22
----------------------------------------------------
The creditors of CPPIB Bermuda Roads Limited are required to file
their proofs of debt by June 22, 2012, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on June 6, 2012.

The company's liquidator is:

         Robin J Mayor
         Clarendon House
         2 Church Street, Hamilton HM 11
         Bermuda


CPPIB BERMUDA: Members' Final Meeting Set for July 13
-----------------------------------------------------
The members of CPPIB Bermuda Roads Limited will receive on
July 13, 2012, at 10:00 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company commenced wind-up proceedings on June 6, 2012.

The company's liquidator is:

         Robin J Mayor
         Clarendon House
         2 Church Street, Hamilton HM 11
         Bermuda


INVESTORS TRADING: Creditors' Proofs of Debt Due June 28
--------------------------------------------------------
The creditors of Investors Trading Company Ltd. are required to
file their proofs of debt by June 28, 2012, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on June 6, 2012.

The company's liquidator is:

         Robin J Mayor
         Clarendon House
         2 Church Street, Hamilton HM 11
         Bermuda


INVESTORS TRADING: Member to Hear Wind-Up Report on July 9
----------------------------------------------------------
The member of Investors Trading Company Ltd. will receive on
July 9, 2012, at 9:30 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company commenced wind-up proceedings on June 6, 2012.

The company's liquidator is:

         Robin J Mayor
         Clarendon House
         2 Church Street, Hamilton HM 11
         Bermuda



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


KINGDOM 5-KR-86: Creditors' Proofs of Debt Due July 4
-----------------------------------------------------
The creditors of Kingdom 5-KR-86 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands


KINGDOM 5-KR-102: Creditors' Proofs of Debt Due July 4
------------------------------------------------------
The creditors of Kingdom 5-KR-102 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands


KINGDOM 5-KR-125: Creditors' Proofs of Debt Due July 4
------------------------------------------------------
The creditors of Kingdom 5-KR-125 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands


KINGDOM 5-KR-126: Creditors' Proofs of Debt Due July 4
------------------------------------------------------
The creditors of Kingdom 5-KR-126 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands


KINGDOM 5-KR-129: Creditors' Proofs of Debt Due July 4
------------------------------------------------------
The creditors of Kingdom 5-KR-129 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands


KINGDOM 5-KR-133: Creditors' Proofs of Debt Due July 4
------------------------------------------------------
The creditors of Kingdom 5-KR-133 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands


KINGDOM 5-KR-135: Creditors' Proofs of Debt Due July 4
------------------------------------------------------
The creditors of Kingdom 5-KR-135 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands


KINGDOM 5-KR-136: Creditors' Proofs of Debt Due July 4
------------------------------------------------------
The creditors of Kingdom 5-KR-136 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands


KINGDOM 5-KR-139: Creditors' Proofs of Debt Due July 4
------------------------------------------------------
The creditors of Kingdom 5-KR-139 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands


KINGDOM 5-KR-141: Creditors' Proofs of Debt Due July 4
------------------------------------------------------
The creditors of Kingdom 5-KR-141 are required to file their
proofs of debt by July 4, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on May 16, 2012.

The company's liquidator is:

         Royal Bank Of Canada Trust Company (Cayman) Limited
         P.O. Box 1586
         24 Shedden Road, 4th floor
         Grand Cayman KY1-1110
         Cayman Islands



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


CARIBBEAN AIRLINES: In Danger of Being Downgraded
-------------------------------------------------
RJR News reports that a warning has been issued in Trinidad that
Caribbean Airlines Limited is in danger of being downgraded.

People's National Movement (PNM) Senator Lester Henry told
Trinidad's Upper House of  Parliament that the situation at the
debt burdened airline is about to get worse, according to RJR
News.  The report relates that Mr. Henry said that the two planes
which are supposed to fly the London route have not been
approved, and there was a possibility the airline could be
downgraded.

RJR News notes that Trinidad's Express newspaper said Mr. Henry
pointed to the financial losses being incurred by Caribbean
Airlines and what he said was the government's irresponsible
management of the airline.

Mr. Henry said the government continues to appoint people who are
not suited to be on the air carrier's board of directors, RJR
News says.

Caribbean Airlines Limited -- http://http://www.caribbean-
airlines.com/ -- provides passenger airline services.  It also
specializes in the shipment of fresh cut flowers and packaged
meats, hatching eggs, chocolates, fruits and vegetables, frozen
and chilled fish, vaccines, newspapers, and magazines within the
Caribbean, as well as to North America and Europe.

                           *     *     *

As reported in the Troubled Company Reporter on March 21, 2012,
RJR News said that Caribbean Airlines Limited owes nearly
US$30 million to Trinidad and Tobago's fuel provider National
Petroleum.  Trinidad Express said CAL enjoys a seven-day credit
facility for aviation fuel from the company, according to RJR
News.  However, the report related that the airline has not been
able to pay the full amount when invoiced and instead has been
issuing partial payments to sustain the account.  RJR News notes
that Trinidad Express reported that the arrears were built up
over the last six weeks as no payments have been made despite an
attractive fuel subsidy which the airline has enjoyed since it
began operations in January 2007.



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


* Large Companies With Insolvent Balance Sheets
-----------------------------------------------

                                                   Total
                                  Total          Shareholders
                                  Assets           Equity
Company             Ticker          (US$MM)          (US$MM)
-------             ------         ---------       ------------

ARGENTINA

IMPTD AR      IMPSAT FIBER-$US       535007008       -17164978
IMPT AR       IMPSAT FIBER-CED       535007008       -17164978
330902Q GR    IMPSAT FIBER NET       535007008       -17164978
XIMPT SM      IMPSAT FIBER NET       535007008       -17164978
IMPTQ US      IMPSAT FIBER NET       535007008       -17164978
IMPTB AR      IMPSAT FIBER-BLK       535007008       -17164978
IMPTC AR      IMPSAT FIBER-C/E       535007008       -17164978
COME AR       SOC COMERCIAL PL       196722660      -320946053
CVVIF US      SOC COMERCIAL PL       196722660      -320946053
COMED AR      SOC COMERCIAL PL       196722660      -320946053
SCPDS LI      COMERCIAL PL-ADR       196722660      -320946053
CADN EO       SOC COMERCIAL PL       196722660      -320946053
CADN SW       SOC COMERCIAL PL       196722660      -320946053
CADN EU       SOC COMERCIAL PL       196722660      -320946053
COMEB AR      COMERCIAL PLA-BL       196722660      -320946053
CAD IX        SOC COMERCIAL PL       196722660      -320946053
SCDPF US      SOC COMERCIAL PL       196722660      -320946053
COMEC AR      SOC COMERCIAL PL       196722660      -320946053
SDAGF US      SNIAFA SA-B           11229696.2     -2670544.88
SNIA5 AR      SNIAFA SA-B           11229696.2     -2670544.88
SNIA AR       SNIAFA SA             11229696.2     -2670544.88


BRAZIL


GPAR3 BZ      CELGPAR               3588586696      -552807022
VAGV3 BZ      VARIG SA               966298026     -4695211316
VARGPN BZ     VARIG SA-PREF          966298026     -4695211316
VARGON BZ     VARIG SA               966298026     -4695211316
VAGV4 BZ      VARIG SA-PREF          966298026     -4695211316
PRTX3 BZ      PORTX OPERACOES        823193337       -19565275
PXTPY US      PORTX OPERA-GDR        823193337       -19565275
LUPA9 BZ      LUPATECH SA -RCT       806772516     -23471889.7
LUPAY US      LUPATECH SA-ADR        806772516     -23471889.7
LUPA3 BZ      LUPATECH SA            806772516     -23471889.7
LUPA11 BZ     LUPATECH SA-RT         806772516     -23471889.7
LUPAF US      LUPATECH SA            806772516     -23471889.7
LUPA1 BZ      LUPATECH SA-RTS        806772516     -23471889.7
AGEN11 BZ     AGRENCO LTD-BDR        637647275      -312199404
AGRE LX       AGRENCO LTD            637647275      -312199404
MRLM3 BZ      CIA PETROLIFERA        377602195     -3014291.72
MRLM4B BZ     CIA PETROLIF-PRF       377602195     -3014291.72
1CPMON BZ     CIA PETROLIFERA        377602195     -3014291.72
MRLM4 BZ      CIA PETROLIF-PRF       377602195     -3014291.72
MRLM3B BZ     CIA PETROLIFERA        377602195     -3014291.72
1CPMPN BZ     CIA PETROLIF-PRF       377602195     -3014291.72
BOBR4 BZ      BOMBRIL-PREF           367760079     -20156714.7
BOBR1 BZ      BOMBRIL-RIGHTS         367760079     -20156714.7
BMBBY US      BOMBRIL SA-ADR         367760079     -20156714.7
BOBRPN BZ     BOMBRIL CIRIO-PF       367760079     -20156714.7
BMBBF US      BOMBRIL                367760079     -20156714.7
BOBR2 BZ      BOMBRIL-RGTS PRE       367760079     -20156714.7
BOBR3 BZ      BOMBRIL                367760079     -20156714.7
BOBRON BZ     BOMBRIL CIRIO SA       367760079     -20156714.7
BMBPY US      BOMBRIL SA-ADR         367760079     -20156714.7
TEKA9 BZ      TEKA-RCT               332104716      -455378043
TEKA1 BZ      TEKA-RTS               332104716      -455378043
TEKAON BZ     TEKA                   332104716      -455378043
TKTQY US      TEKA-ADR               332104716      -455378043
TEKAPN BZ     TEKA-PREF              332104716      -455378043
TEKAY US      TEKA-ADR               332104716      -455378043
TKTPF US      TEKA-PREF              332104716      -455378043
TEKA4 BZ      TEKA-PREF              332104716      -455378043
TEKA2 BZ      TEKA-RTS               332104716      -455378043
TEKA3 BZ      TEKA                   332104716      -455378043
TEKA10 BZ     TEKA-RCT               332104716      -455378043
TKTPY US      TEKA-ADR               332104716      -455378043
TKTQF US      TEKA                   332104716      -455378043
0229296Q BZ   PET MANG-RECEIPT       323293708      -112268877
RPMG3 BZ      PETRO MANGUINHOS       323293708      -112268877
3678569Q BZ   PET MANG-RIGHTS        323293708      -112268877
MANGON BZ     PETRO MANGUINHOS       323293708      -112268877
RPMG1 BZ      PET MANG-RT            323293708      -112268877
RPMG10 BZ     PET MANG-RECEIPT       323293708      -112268877
RPMG2 BZ      PET MANG-RT            323293708      -112268877
4115360Q BZ   PET MANG-RT            323293708      -112268877
MANGPN BZ     PETRO MANGUIN-PF       323293708      -112268877
RPMG4 BZ      PET MANGUINH-PRF       323293708      -112268877
4115364Q BZ   PET MANG-RT            323293708      -112268877
RPMG9 BZ      PET MANG-RECEIPT       323293708      -112268877
0229292Q BZ   PET MANG-RECEIPT       323293708      -112268877
3678565Q BZ   PET MANG-RIGHTS        323293708      -112268877
0229268Q BZ   PET MANG-RT            323293708      -112268877
0229249Q BZ   PET MANG-RT            323293708      -112268877
BTTL3 BZ      BATTISTELLA            303229842     -16386957.7
BTTL4 BZ      BATTISTELLA-PREF       303229842     -16386957.7
BTTL10 BZ     BATTISTELLA-RECP       303229842     -16386957.7
BTTL1 BZ      BATTISTELLA-RIGH       303229842     -16386957.7
BTTL2 BZ      BATTISTELLA-RI P       303229842     -16386957.7
BTTL9 BZ      BATTISTELLA-RECE       303229842     -16386957.7
HOTHPN BZ     HOTEIS OTHON-PRF       279263634     -71631286.8
HOOT4 BZ      HOTEIS OTHON-PRF       279263634     -71631286.8
HOOT3 BZ      HOTEIS OTHON SA        279263634     -71631286.8
HOTHON BZ     HOTEIS OTHON SA        279263634     -71631286.8
DOCAPN BZ     DOCAS SA-PREF          268123426      -196630079
DOCA3 BZ      DOCA INVESTIMENT       268123426      -196630079
DOCAON BZ     DOCAS SA               268123426      -196630079
DOCA2 BZ      DOCAS SA-RTS PRF       268123426      -196630079
DOCA4 BZ      DOCA INVESTI-PFD       268123426      -196630079
SNSY6 BZ      SANSUY-PREF B          190512467      -137678051
SNSY5 BZ      SANSUY-PREF A          190512467      -137678051
SNSY3 BZ      SANSUY                 190512467      -137678051
SNSYBN BZ     SANSUY SA-PREF B       190512467      -137678051
SNSYAN BZ     SANSUY SA-PREF A       190512467      -137678051
SNSYON BZ     SANSUY SA              190512467      -137678051
BLDR3 BZ      BALADARE               159454016     -52992212.8
DHBI4 BZ      D H B-PREF             145490397     -98414057.9
DHBPN BZ      DHB IND E COM-PR       145490397     -98414057.9
DHBON BZ      DHB IND E COM          145490397     -98414057.9
DHBI3 BZ      D H B                  145490397     -98414057.9
RENXPN BZ     TEXTEIS RENAUX         135518574     -64690189.5
RENXON BZ     TEXTEIS RENAUX         135518574     -64690189.5
TXRX1 BZ      TEXTEIS RENAU-RT       135518574     -64690189.5
TXRX4 BZ      RENAUXVIEW SA-PF       135518574     -64690189.5
TXRX9 BZ      TEXTEIS RENA-RCT       135518574     -64690189.5
TXRX10 BZ     TEXTEIS RENA-RCT       135518574     -64690189.5
TXRX2 BZ      TEXTEIS RENAU-RT       135518574     -64690189.5
TXRX3 BZ      RENAUXVIEW SA          135518574     -64690189.5
BUETON BZ     BUETTNER SA           97195113.5     -13140028.8
BUET1 BZ      BUETTNER SA-RTS       97195113.5     -13140028.8
BUET2 BZ      BUETTNER SA-RT P      97195113.5     -13140028.8
BUETPN BZ     BUETTNER SA-PRF       97195113.5     -13140028.8
BUET3 BZ      BUETTNER              97195113.5     -13140028.8
BUET4 BZ      BUETTNER-PREF         97195113.5     -13140028.8
COBRON BZ     COBRASMA SA           92452431.9     -2129344378
CBMA4 BZ      COBRASMA-PREF         92452431.9     -2129344378
CBMA3 BZ      COBRASMA              92452431.9     -2129344378
COBRPN BZ     COBRASMA SA-PREF      92452431.9     -2129344378
VPSC4 BZ      VARIG PART EM-PR      83017828.6      -495721700
VPSC3 BZ      VARIG PART EM SE      83017828.6      -495721700
ESTRPN BZ     ESTRELA SA-PREF       80632225.7      -102894942
ESTRON BZ     ESTRELA SA            80632225.7      -102894942
ESTR3 BZ      ESTRELA SA            80632225.7      -102894942
ESTR4 BZ      ESTRELA SA-PREF       80632225.7      -102894942
FTRX4 BZ      FABRICA RENAUX-P      78479539.9     -67506773.4
FRNXON BZ     FABRICA RENAUX        78479539.9     -67506773.4
FRNXPN BZ     FABRICA RENAUX-P      78479539.9     -67506773.4
FTRX1 BZ      FABRICA TECID-RT      78479539.9     -67506773.4
FTRX3 BZ      FABRICA RENAUX        78479539.9     -67506773.4
IGBAN BZ      GRADIENTE EL-PRA      69132281.2      -253174445
IGBR5 BZ      GRADIENTE-PREF A      69132281.2      -253174445
IGBCN BZ      GRADIENTE EL-PRC      69132281.2      -253174445
IGBR6 BZ      GRADIENTE-PREF B      69132281.2      -253174445
IGBR3 BZ      IGB ELETRONICA        69132281.2      -253174445
IGBR7 BZ      GRADIENTE-PREF C      69132281.2      -253174445
IGBBN BZ      GRADIENTE EL-PRB      69132281.2      -253174445
IGBON BZ      GRADIENTE ELETR       69132281.2      -253174445
SCLO4 BZ      SCHLOSSER-PREF        61624578.5     -45628872.6
SCLO3 BZ      SCHLOSSER             61624578.5     -45628872.6
SCHON BZ      SCHLOSSER SA          61624578.5     -45628872.6
SCHPN BZ      SCHLOSSER SA-PRF      61624578.5     -45628872.6
CSBRPN BZ     CAFE BRASILIA-PR      49512076.1      -999279159
CAFE4 BZ      CAF BRASILIA-PRF      49512076.1      -999279159
CAFE3 BZ      CAF BRASILIA          49512076.1      -999279159
CSBRON BZ     CAFE BRASILIA SA      49512076.1      -999279159
VPTA3 BZ      VARIG PART EM TR      49432124.2      -399290396
VPTA4 BZ      VARIG PART EM-PR      49432124.2      -399290396
GAFPN BZ      CIMOB PART-PREF       44047411.7     -45669963.6
GAFP3 BZ      CIMOB PARTIC SA       44047411.7     -45669963.6
GAFON BZ      CIMOB PARTIC SA       44047411.7     -45669963.6
GAFP4 BZ      CIMOB PART-PREF       44047411.7     -45669963.6
RCSL11 BZ     RECRUSUL-BON RT         41441029     -25619212.8
0163583D BZ   RECRUSUL - RCT          41441029     -25619212.8
4529789Q BZ   RECRUSUL - RCT          41441029     -25619212.8
4529793Q BZ   RECRUSUL - RCT          41441029     -25619212.8
RESLPN BZ     RECRUSUL SA-PREF        41441029     -25619212.8
RCSL2 BZ      RECRUSUL - RT           41441029     -25619212.8
4529785Q BZ   RECRUSUL - RT           41441029     -25619212.8
RCSL12 BZ     RECRUSUL-BON RT         41441029     -25619212.8
RCSL3 BZ      RECRUSUL                41441029     -25619212.8
RCSL1 BZ      RECRUSUL - RT           41441029     -25619212.8
RCSL4 BZ      RECRUSUL-PREF           41441029     -25619212.8
4529781Q BZ   RECRUSUL - RT           41441029     -25619212.8
0163579D BZ   RECRUSUL - RT           41441029     -25619212.8
RCSL9 BZ      RECRUSUL - RCT          41441029     -25619212.8
RESLON BZ     RECRUSUL SA             41441029     -25619212.8
0163582D BZ   RECRUSUL - RCT          41441029     -25619212.8
0163580D BZ   RECRUSUL - RT           41441029     -25619212.8
RCSL10 BZ     RECRUSUL - RCT          41441029     -25619212.8
WISAON BZ     WIEST SA              34108201.4      -126997429
WISA4 BZ      WIEST-PREF            34108201.4      -126997429
WISAPN BZ     WIEST SA-PREF         34108201.4      -126997429
WISA3 BZ      WIEST                 34108201.4      -126997429
SNST3 BZ      SANESALTO             31802628.1     -2924062.87
1COBAN BZ     CONST BETER-PF A      31374373.7     -1555470.16
COBE3 BZ      CONST BETER SA        31374373.7     -1555470.16
COBEAN BZ     CONST BETER-PR A      31374373.7     -1555470.16
1COBBN BZ     CONST BETER-PF B      31374373.7     -1555470.16
COBE5 BZ      CONST BETER-PF A      31374373.7     -1555470.16
COBE3B BZ     CONST BETER SA        31374373.7     -1555470.16
COBEON BZ     CONST BETER SA        31374373.7     -1555470.16
1COBON BZ     CONST BETER SA        31374373.7     -1555470.16
1008Q BZ      CONST BETER-PR A      31374373.7     -1555470.16
COBE6B BZ     CONST BETER-PF B      31374373.7     -1555470.16
1007Q BZ      CONST BETER SA        31374373.7     -1555470.16
COBE6 BZ      CONST BETER-PF B      31374373.7     -1555470.16
COBEBN BZ     CONST BETER-PR B      31374373.7     -1555470.16
COBE5B BZ     CONST BETER-PFA       31374373.7     -1555470.16
1009Q BZ      CONST BETER-PR B      31374373.7     -1555470.16
AORE3 BZ      ALL ORE MINERACA      27939352.3     -769622.943
STLB9 BZ      STEEL - RCT ORD       27939352.3     -769622.943
STLB1 BZ      STEEL - RT            27939352.3     -769622.943
STLB3 BZ      ALL ORE MINERACA      27939352.3     -769622.943
STRP3 BZ      BOTUCATU TEXTIL       27663604.9     -7174512.03
STARPN BZ     STAROUP SA-PREF       27663604.9     -7174512.03
STARON BZ     STAROUP SA            27663604.9     -7174512.03
STRP4 BZ      BOTUCATU-PREF         27663604.9     -7174512.03
NUTR3M BZ     NUTRIPLANT            24748712.2     -500384.099
NOVA4B BZ     NOVA AMERICA-PRF        21287489      -183535527
1NOVON BZ     NOVA AMERICA SA         21287489      -183535527
1NOVPN BZ     NOVA AMERICA-PRF        21287489      -183535527
NOVA3B BZ     NOVA AMERICA SA         21287489      -183535527
NOVAON BZ     NOVA AMERICA SA         21287489      -183535527
NOVA4 BZ      NOVA AMERICA-PRF        21287489      -183535527
NOVA3 BZ      NOVA AMERICA SA         21287489      -183535527
NOVAPN BZ     NOVA AMERICA-PRF        21287489      -183535527
FPXE4 BZ      BOMBRIL               19416015.8      -489914902
FPXE3 BZ      BOMBRIL HOLDING       19416015.8      -489914902
HAGA3 BZ      HAGA                  19097885.3     -54511171.5
HAGAON BZ     FERRAGENS HAGA        19097885.3     -54511171.5
HAGAPN BZ     FERRAGENS HAGA-P      19097885.3     -54511171.5
HAGA4 BZ      FER HAGA-PREF         19097885.3     -54511171.5
PSEGON BZ     SAUIPE SA             15857774.8     -4187306.97
PSEGPN BZ     SAUIPE SA-PREF        15857774.8     -4187306.97
PSEG3 BZ      SAUIPE                15857774.8     -4187306.97
PSEG4 BZ      SAUIPE-PREF           15857774.8     -4187306.97
BDFCE US      B&D FOOD CORP           14423532        -3506007
LATF US       LATTENO FOOD COR        14423532        -3506007
REIC US       REII INC                14423532        -3506007
BDFC US       B&D FOOD CORP           14423532        -3506007
NORD3 BZ      NORDON MET            13825854.1     -32802043.2
NORDON BZ     NORDON METAL          13825854.1     -32802043.2
NORD1 BZ      NORDON MET-RTS        13825854.1     -32802043.2
CALI4 BZ      CONST A LIND-PRF        13136723     -3979605.38
LINDON BZ     CONST A LINDEN          13136723     -3979605.38
LINDPN BZ     CONST A LIND-PRF        13136723     -3979605.38
CALI2 BZ      CONST LINDEN RT         13136723     -3979605.38
CALI10 BZ     CONST LINDEN RCT        13136723     -3979605.38
CALI3 BZ      CONST A LINDEN          13136723     -3979605.38
CALI1 BZ      CONST LINDEN RT         13136723     -3979605.38
CALI9 BZ      CONST LINDEN RCT        13136723     -3979605.38
LARK4 BZ      LARK MAQS-PREF          12676774     -6293304.48
LARK2 BZ      LARK SA MAQU-RTS        12676774     -6293304.48
LARK3 BZ      LARK MAQS               12676774     -6293304.48
LARK1 BZ      LARK SA MAQU-RTS        12676774     -6293304.48
LARPN BZ      LARK MAQUINAS-PR        12676774     -6293304.48
LARON BZ      LARK MAQUINAS           12676774     -6293304.48
ARLA11 BZ     ARTHUR LAN-DVD C      11642255.9     -17154461.9
ARLA9 BZ      ARTHUR LANG-RC C      11642255.9     -17154461.9
ARLA4 BZ      ARTHUR LANGE-PRF      11642255.9     -17154461.9
ARLA3 BZ      ARTHUR LANGE          11642255.9     -17154461.9
ALICON BZ     ARTHUR LANGE SA       11642255.9     -17154461.9
ARLA1 BZ      ARTHUR LANG-RT C      11642255.9     -17154461.9
ARLA2 BZ      ARTHUR LANG-RT P      11642255.9     -17154461.9
ALICPN BZ     ARTHUR LANGE-PRF      11642255.9     -17154461.9
ARLA10 BZ     ARTHUR LANG-RC P      11642255.9     -17154461.9
ARLA12 BZ     ARTHUR LAN-DVD P      11642255.9     -17154461.9
CCHI3 BZ      CHIARELLI SA          11281940.7     -81454622.1
CCHON BZ      CHIARELLI SA          11281940.7     -81454622.1
CCHPN BZ      CHIARELLI SA-PRF      11281940.7     -81454622.1
CCHI4 BZ      CHIARELLI SA-PRF      11281940.7     -81454622.1
SJOS4 BZ      TECEL S JOSE-PRF      11174696.2     -61473722.8
SJOS3 BZ      TECEL S JOSE          11174696.2     -61473722.8
FTSJPN BZ     TECEL S JOSE-PRF      11174696.2     -61473722.8
FTSJON BZ     TECEL S JOSE          11174696.2     -61473722.8
FGUION BZ     FERREIRA GUIMARA      11016542.1      -151840377
FGUIPN BZ     FERREIRA GUIM-PR      11016542.1      -151840377
FGUI3 BZ      F GUIMARAES           11016542.1      -151840377
FGUI4 BZ      F GUIMARAES-PREF      11016542.1      -151840377


CHILE

2940894Z CI   EMPRESA DE LOS F      1933599104       -50416404
TELEX CI      CHILESAT CORP SA      1156945109      -122555290
TL US         CHILESAT CO-ADR       1156945109      -122555290
TELEXO CI     TELEX-RTS             1156945109      -122555290
CHILESAT CI   CLARO COM SA          1156945109      -122555290
CSAOY US      TELMEX CORP-ADR       1156945109      -122555290
CHISATOS CI   CHILESAT CO-RTS       1156945109      -122555290
TELEXA CI     TELEX-A               1156945109      -122555290
PUYEHUOS CI   PUYEHUE RIGHT         24447502.1     -1250905.47
PUYEH CI      PUYEHUE               24447502.1     -1250905.47


                            ***********


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. Agravante, Rousel Elaine
T. Fernandez, Valerie U. Pascual, Ivy B. Magdadaro, Frauline S.
Abangan, and Peter A. Chapman, Editors.

Copyright 2012.  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 Peter Chapman at 240/629-3300.


                   * * * End of Transmission * * *