TCRLA_Public/121030.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, October 30, 2012, Vol. 13, No. 216


                            Headlines



A R G E N T I N A

ABC3 CONSTRUCCIONES: Creditors' Proofs of Debt Due Nov. 16
ADMINISTRACION GIARDELLI: Creditors' Proofs of Debt Due Feb. 28
CAPOCHA SA: Creditors' Proofs of Debt Due Nov. 20
EL GUAICURU: Creditors' Proofs of Debt Due Nov. 15


C A Y M A N  I S L A N D S

CAMBRIDGE NETWORK: Creditors' Proofs of Debt Due Oct. 30
HIDDEN JEWELS: Commences Liquidation Proceedings
HIDDEN JEWELS FUND: Commences Liquidation Proceedings
MMI INVESTMENTS: Placed Under Voluntary Wind-Up
MONOLITH GLOBAL: Commences Liquidation Proceedings

PROTEGE OPPORTUNISTIC: Placed Under Voluntary Wind-Up
PROTEGE OPPORTUNISTIC FUND: Placed Under Voluntary Wind-Up
RAB MARKET: Creditors' Proofs of Debt Due Nov. 6
SP TARH: Creditors' Proofs of Debt Due Nov. 8
TAMISTA LIMITED: Creditors' Proofs of Debt Due Nov. 15


X X X X X X X X

* Large Companies With Insolvent Balance Sheets




                            - - - - -


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


ABC3 CONSTRUCCIONES: Creditors' Proofs of Debt Due Nov. 16
----------------------------------------------------------
Eva Mabel Bogado, the court-appointed trustee for ABC3
Construcciones SA's reorganization proceedings, will be verifying
creditors' proofs of claim until Nov. 16, 2012.

Ms. Bogado will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 2 in Buenos Aires, with the assistance of Clerk
No. 4, 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 6, 2013.

The Trustee can be reached at:

         Eva Mabel Bogado
         Paraguay 1465


ADMINISTRACION GIARDELLI: Creditors' Proofs of Debt Due Feb. 28
---------------------------------------------------------------
Felisa Mabel Tumilasci, the court-appointed trustee for
Administracion Giardelli SRL's bankruptcy proceedings, will be
verifying creditors' proofs of claim until Feb. 28, 2013.

Ms. Tumilasci will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 22 in Buenos Aires, with the assistance of Clerk
No. 43, 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:

         Felisa Mabel Tumilasci
         Av. Callao 449
         Argentina


CAPOCHA SA: Creditors' Proofs of Debt Due Nov. 20
-------------------------------------------------
Graciela Esther Palma, the court-appointed trustee for Capocha
SA's reorganization proceedings, will be verifying creditors'
proofs of claim until Nov. 20, 2012.

Ms. Palma will present the validated claims in court as individual
reports.  The National Commercial Court of First Instance No. 7 in
Buenos Aires, with the assistance of Clerk No. 13, 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:

         Graciela Esther Palma
         Av. Cordoba 1351
         Argentina


EL GUAICURU: Creditors' Proofs of Debt Due Nov. 15
--------------------------------------------------
Ida Irene Nussenbaum, the court-appointed trustee for El Guaicuru
SA's reorganization proceedings, will be verifying creditors'
proofs of claim until Nov. 15, 2012.

Ms. Nussenbaum 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:

         Ida Irene Nussenbaum
         Lavalle 2024
         Argentina


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


CAMBRIDGE NETWORK: Creditors' Proofs of Debt Due Oct. 30
--------------------------------------------------------
The creditors of Cambridge Network Systems Corporation Ltd. are
required to file their proofs of debt by Oct. 30, 2012, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on Sept. 19, 2012.

The company's liquidator is:

         Richard Finlay
         c/o Noel Webb
         Telephone: (345) 814 7394
         Facsimile: (345) 945 3902
         P.O. Box 2681 Grand Cayman KY1-1111
         Cayman Islands


HIDDEN JEWELS: Commences Liquidation Proceedings
------------------------------------------------
On Sept. 18, 2012, the sole shareholder of Hidden Jewels Offshore
Feeder Fund resolved to voluntarily liquidate the company's
business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

         Robert Lewis
         The Central #14-81
         8 Eu Tong Sen Street
         Singapore 059818


HIDDEN JEWELS FUND: Commences Liquidation Proceedings
-----------------------------------------------------
On Sept. 18, 2012, the sole shareholder of Hidden Jewels Fund
resolved to voluntarily liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

         Robert Lewis
         The Central #14-81
         8 Eu Tong Sen Street
         Singapore 059818


MMI INVESTMENTS: Placed Under Voluntary Wind-Up
-----------------------------------------------
On Sept. 13, 2012, the sole shareholder of MMI Investments
Offshore, Ltd. resolved to voluntarily wind up the company's
operations.

Only creditors who were able to file their proofs of debt by
Oct. 29, 2012, will be included in the company's dividend
distribution.

The company's liquidator is:

         Ogier
         c/o Susan Taber
         Telephone: (345) 949 9876
         Facsimile: (345) 949-9877
         89 Nexus Way, Camana Bay
         Grand Cayman KY1-9007
         Cayman Islands


MONOLITH GLOBAL: Commences Liquidation Proceedings
--------------------------------------------------
On Sept. 18, 2012, the sole shareholder of Monolith Global Fund
resolved to voluntarily liquidate the company's business.

Only creditors who were able to file their proofs of debt by
Oct. 29, 2012, will be included in the company's dividend
distribution.

The company's liquidator is:

         Jean-Patrick Voisin
         c/o P.O. Box 31106 Grand Cayman KY1-1205
         Cayman Islands


PROTEGE OPPORTUNISTIC: Placed Under Voluntary Wind-Up
-----------------------------------------------------
On Sept. 13, 2012, the sole shareholder of Protege Opportunistic
Master Fund, Ltd. resolved to voluntarily wind up the company's
operations.

Only creditors who were able to file their proofs of debt by
Oct. 29, 2012, will be included in the company's dividend
distribution.

The company's liquidator is:

         Ogier
         c/o Jo-Anne Maher
         Telephone: (345) 815-1762
         Facsimile: (345) 949-9877
         89 Nexus Way, Camana Bay
         Grand Cayman KY1-9007
         Cayman Islands


PROTEGE OPPORTUNISTIC FUND: Placed Under Voluntary Wind-Up
----------------------------------------------------------
On Sept. 13, 2012, the sole shareholder of Protege Opportunistic
Fund, Ltd. resolved to voluntarily wind up the company's
operations.

Only creditors who were able to file their proofs of debt by
Oct. 29, 2012, will be included in the company's dividend
distribution.

The company's liquidator is:

         Ogier
         c/o Jo-Anne Maher
         Telephone: (345) 815-1762
         Facsimile: (345) 949-9877
         89 Nexus Way, Camana Bay
         Grand Cayman KY1-9007
         Cayman Islands


RAB MARKET: Creditors' Proofs of Debt Due Nov. 6
------------------------------------------------
The creditors of RAB Market Cycles Fund Limited are required to
file their proofs of debt by Nov. 6, 2012, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on Sept. 17, 2012.

The company's liquidator is:

         Avalon Management Limited
         Reference: GL
         Telephone: (+1) 345 769 4422
         Facsimile: (+1) 345 769 9351
         Landmark Square, 1st Floor, 64 Earth Close
         West Bay Beach
         PO Box 715, George Town
         Grand Cayman KY1-1107
         Cayman Islands


SP TARH: Creditors' Proofs of Debt Due Nov. 8
---------------------------------------------
The creditors of SP TARH, Ltd. are required to file their proofs
of debt by Nov. 8, 2012, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on Aug. 7, 2012.

The company's liquidator is:

         Intertrust Corporate Services (Cayman) Limited
         87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


TAMISTA LIMITED: Creditors' Proofs of Debt Due Nov. 15
------------------------------------------------------
The creditors of Tamista Limited are required to file their proofs
of debt by Nov. 15, 2012, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on Sept. 19, 2012.

The company's liquidator is:

         First Corporate Director Inc.
         Woodbourne Hall
         P.O. Box 916 Road Town, Tortola
         British Virgin Islands
         c/o Mr. Philip C Pedro
         HSBC International Trustee Limited
         Compass Point Bermudiana Road
         Hamilton HM 11
         Bermuda
         Telephone: (441) 299-6482
         Facsimile: (441) 279-5832


===============
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
-----------

SOC COMERCIAL PL     SCDPF US          222756992       -310302930
SNIAFA SA-B          SDAGF US         11229696.2      -2670544.88
CENTRAL COSTAN-B     CRCBF US          410955501        -20459083
SOC COMERCIAL PL     CAD IX            222756992       -310302930
SOC COMERCIAL PL     CVVIF US          222756992       -310302930
SOC COMERCIAL PL     CADN EO           222756992       -310302930
SOC COMERCIAL PL     CADN EU           222756992       -310302930
COMERCIAL PL-ADR     SCPDS LI          222756992       -310302930
ENDESA COSTAN-A      CECO1 AR          410955501        -20459083
ENDESA COSTAN-       CECO2 AR          410955501        -20459083
CENTRAL COST-BLK     CECOB AR          410955501        -20459083
ENDESA COSTAN-       CECOD AR          410955501        -20459083
ENDESA COSTAN-       CECOC AR          410955501        -20459083
ENDESA COSTAN-       EDCFF US          410955501        -20459083
CENTRAL COSTAN-C     CECO3 AR          410955501        -20459083
CENTRAL COST-ADR     CCSA LI           410955501        -20459083
ENDESA COST-ADR      CRCNY US          410955501        -20459083
CENTRAL COSTAN-B     CNRBF US          410955501        -20459083
SOC COMERCIAL PL     COME AR           222756992       -310302930
SOC COMERCIAL PL     CADN SW           222756992       -310302930
COMERCIAL PLA-BL     COMEB AR          222756992       -310302930
SOC COMERCIAL PL     COMEC AR          222756992       -310302930
SOC COMERCIAL PL     COMED AR          222756992       -310302930
SNIAFA SA            SNIA AR          11229696.2      -2670544.88
SNIAFA SA-B          SNIA5 AR         11229696.2      -2670544.88
IMPSAT FIBER NET     IMPTQ US          535007008        -17164978
IMPSAT FIBER NET     330902Q GR        535007008        -17164978
IMPSAT FIBER NET     XIMPT SM          535007008        -17164978
IMPSAT FIBER-CED     IMPT AR           535007008        -17164978
IMPSAT FIBER-C/E     IMPTC AR          535007008        -17164978
IMPSAT FIBER-$US     IMPTD AR          535007008        -17164978
IMPSAT FIBER-BLK     IMPTB AR          535007008        -17164978


BRAZIL
------

TELECOMUNICA-ADR     81370Z BZ         470957698      -17289190.9
FABRICA TECID-RT     FTRX1 BZ         71426302.5      -70883547.3
TEKA-ADR             TEKAY US          341291511       -388484677
BOMBRIL              BMBBF US          351909380      -20217403.6
TELEBRAS-PF RCPT     CBRZF US          470957698      -17289190.9
TEKA                 TKTQF US          341291511       -388484677
TEKA-PREF            TKTPF US          341291511       -388484677
BATTISTELLA-RIGH     BTTL1 BZ          251786497      -39723897.3
BATTISTELLA-RI P     BTTL2 BZ          251786497      -39723897.3
BATTISTELLA-RECE     BTTL9 BZ          251786497      -39723897.3
BATTISTELLA-RECP     BTTL10 BZ         251786497      -39723897.3
AGRENCO LTD-BDR      AGEN11 BZ         640440282       -323456366
REII INC             REIC US            14423532         -3506007
PET MANG-RIGHTS      3678565Q BZ       287903103       -170622863
PET MANG-RIGHTS      3678569Q BZ       287903103       -170622863
PET MANG-RECEIPT     0229292Q BZ       287903103       -170622863
PET MANG-RECEIPT     0229296Q BZ       287903103       -170622863
BOMBRIL HOLDING      FPXE3 BZ         19416015.8       -489914902
BOMBRIL              FPXE4 BZ         19416015.8       -489914902
SANESALTO            SNST3 BZ         31802628.1      -2924062.87
B&D FOOD CORP        BDFCE US           14423532         -3506007
BOMBRIL-RGTS PRE     BOBR2 BZ          351909380      -20217403.6
BOMBRIL-RIGHTS       BOBR1 BZ          351909380      -20217403.6
TELEBRAS/W-I-ADR     TBH-W US          470957698      -17289190.9
AGRENCO LTD          AGRE LX           640440282       -323456366
CELGPAR              GPAR3 BZ         2657428496       -817505840
RECRUSUL - RT        4529781Q BZ      42222280.6      -19730363.1
RECRUSUL - RT        4529785Q BZ      42222280.6      -19730363.1
RECRUSUL - RCT       4529789Q BZ      42222280.6      -19730363.1
RECRUSUL - RCT       4529793Q BZ      42222280.6      -19730363.1
RECRUSUL-BON RT      RCSL11 BZ        42222280.6      -19730363.1
RECRUSUL-BON RT      RCSL12 BZ        42222280.6      -19730363.1
BALADARE             BLDR3 BZ          159454016      -52992212.8
TEXTEIS RENAU-RT     TXRX1 BZ          118475706      -73851057.6
TEXTEIS RENAU-RT     TXRX2 BZ          118475706      -73851057.6
TEXTEIS RENA-RCT     TXRX9 BZ          118475706      -73851057.6
TEXTEIS RENA-RCT     TXRX10 BZ         118475706      -73851057.6
TELEBRAS SA-RT       0250949D BZ       470957698      -17289190.9
CIA PETROLIF-PRF     MRLM4 BZ          377602195      -3014291.72
CIA PETROLIFERA      MRLM3 BZ          377602195      -3014291.72
CONST BETER SA       COBE3 BZ         31374373.7      -1555470.16
NOVA AMERICA SA      NOVA3 BZ           21287489       -183535527
NOVA AMERICA-PRF     NOVA4 BZ           21287489       -183535527
ALL ORE MINERACA     AORE3 BZ         23865481.1      -5135565.77
B&D FOOD CORP        BDFC US            14423532         -3506007
PET MANG-RT          4115360Q BZ       287903103       -170622863
PET MANG-RT          4115364Q BZ       287903103       -170622863
STEEL - RT           STLB1 BZ         23865481.1      -5135565.77
STEEL - RCT ORD      STLB9 BZ         23865481.1      -5135565.77
MINUPAR-RT           9314542Q BZ       165999220      -3127207.83
MINUPAR-RCT          9314634Q BZ       165999220      -3127207.83
CONST LINDEN RT      CALI1 BZ         12670514.8      -3490373.87
CONST LINDEN RT      CALI2 BZ         12670514.8      -3490373.87
PET MANG-RT          0229249Q BZ       287903103       -170622863
PET MANG-RT          0229268Q BZ       287903103       -170622863
RECRUSUL - RT        0163579D BZ      42222280.6      -19730363.1
RECRUSUL - RT        0163580D BZ      42222280.6      -19730363.1
RECRUSUL - RCT       0163582D BZ      42222280.6      -19730363.1
RECRUSUL - RCT       0163583D BZ      42222280.6      -19730363.1
PORTX OPERA-GDR      PXTPY US          976769403      -9407990.35
PORTX OPERACOES      PRTX3 BZ          976769403      -9407990.35
ALL ORE MINERACA     STLB3 BZ         23865481.1      -5135565.77
MINUPAR-RT           0599562D BZ       165999220      -3127207.83
MINUPAR-RCT          0599564D BZ       165999220      -3127207.83
CONST LINDEN RCT     CALI9 BZ         12670514.8      -3490373.87
CONST LINDEN RCT     CALI10 BZ        12670514.8      -3490373.87
CONST BETER-PFA      COBE5B BZ        31374373.7      -1555470.16
CONST BETER-PF B     COBE6B BZ        31374373.7      -1555470.16
PET MANG-RT          RPMG2 BZ          287903103       -170622863
PET MANG-RT          RPMG1 BZ          287903103       -170622863
PET MANG-RECEIPT     RPMG9 BZ          287903103       -170622863
PET MANG-RECEIPT     RPMG10 BZ         287903103       -170622863
RECRUSUL - RT        0614673D BZ      42222280.6      -19730363.1
RECRUSUL - RT        0614674D BZ      42222280.6      -19730363.1
RECRUSUL - RCT       0614675D BZ      42222280.6      -19730363.1
RECRUSUL - RCT       0614676D BZ      42222280.6      -19730363.1
TEKA-RTS             TEKA1 BZ          341291511       -388484677
TEKA-RTS             TEKA2 BZ          341291511       -388484677
TEKA-RCT             TEKA9 BZ          341291511       -388484677
TEKA-RCT             TEKA10 BZ         341291511       -388484677
TELEBRAS-COM RTS     TELB1 BZ          470957698      -17289190.9
TELEBRAS SA-RCT      TELB9 BZ          470957698      -17289190.9
MINUPAR-RTS          MNPR1 BZ          165999220      -3127207.83
MINUPAR-RCT          MNPR9 BZ          165999220      -3127207.83
RECRUSUL SA-RTS      RCSL1 BZ         42222280.6      -19730363.1
RECRUSUL SA-RTS      RCSL2 BZ         42222280.6      -19730363.1
RECRUSUL SA-RCT      RCSL9 BZ         42222280.6      -19730363.1
RECRUSUL - RCT       RCSL10 BZ        42222280.6      -19730363.1
TELEBRAS SA          TELB3 BZ          470957698      -17289190.9
TELEBRAS SA          TLBRON BZ         470957698      -17289190.9
TELEBRAS SA          TBASF US          470957698      -17289190.9
TELEBRAS SA-PREF     TELB4 BZ          470957698      -17289190.9
TELEBRAS SA-PREF     TLBRPN BZ         470957698      -17289190.9
TELEBRAS-ADR         TBAPY US          470957698      -17289190.9
TELEBRAS-ADR         TBRAY GR          470957698      -17289190.9
TELEBRAS-CEDE PF     RCTB4 AR          470957698      -17289190.9
TELEBRAS-CEDE PF     RCT4C AR          470957698      -17289190.9
TELEBRAS-CEDE PF     RCT4D AR          470957698      -17289190.9
TELEBRAS-CEDE BL     RCT4B AR          470957698      -17289190.9
TELEBRAS-ADR         TBH US            470957698      -17289190.9
TELEBRAS-ADR         TBX GR            470957698      -17289190.9
TELEBRAS-ADR         RTB US            470957698      -17289190.9
TELEBRAS-ADR         TBASY US          470957698      -17289190.9
TELEBRAS-RCT PRF     TELB10 BZ         470957698      -17289190.9
TELEBRAS-RTS CMN     RCTB1 BZ          470957698      -17289190.9
TELEBRAS-RTS PRF     RCTB2 BZ          470957698      -17289190.9
TELEBRAS-RTS CMN     TCLP1 BZ          470957698      -17289190.9
TELEBRAS-RTS PRF     TLCP2 BZ          470957698      -17289190.9
TELEBRAS-COM RT      0250948D BZ       470957698      -17289190.9
TELEBRAS-CM RCPT     RCTB31 BZ         470957698      -17289190.9
TELEBRAS-CM RCPT     TELE31 BZ         470957698      -17289190.9
TELEBRAS-RCT         RCTB33 BZ         470957698      -17289190.9
TELEBRAS-CM RCPT     TBRTF US          470957698      -17289190.9
TELEBRAS-CM RCPT     RCTB32 BZ         470957698      -17289190.9
TELEBRAS-PF RCPT     RCTB41 BZ         470957698      -17289190.9
TELEBRAS-PF RCPT     TELE41 BZ         470957698      -17289190.9
TELEBRAS-PF RCPT     RCTB42 BZ         470957698      -17289190.9
TELEBRAS-CEDE PF     TELB4 AR          470957698      -17289190.9
TELEBRAS-CED C/E     TEL4C AR          470957698      -17289190.9
TELEBRAS-CM RCPT     RCTB30 BZ         470957698      -17289190.9
TELEBRAS-PF RCPT     RCTB40 BZ         470957698      -17289190.9
TELEBRAS-PF RCPT     TBAPF US          470957698      -17289190.9
TELEBRAS-RECEIPT     TLBRUO BZ         470957698      -17289190.9
TELEBRAS-PF RCPT     TLBRUP BZ         470957698      -17289190.9
TELEBRAS-BLOCK       TELB30 BZ         470957698      -17289190.9
TELEBRAS-PF BLCK     TELB40 BZ         470957698      -17289190.9
TELEBRAS-CEDEA $     TEL4D AR          470957698      -17289190.9
ARTHUR LANGE         ARLA3 BZ         11642255.9      -17154461.9
ARTHUR LANGE SA      ALICON BZ        11642255.9      -17154461.9
ARTHUR LANGE-PRF     ARLA4 BZ         11642255.9      -17154461.9
ARTHUR LANGE-PRF     ALICPN BZ        11642255.9      -17154461.9
ARTHUR LANG-RT C     ARLA1 BZ         11642255.9      -17154461.9
ARTHUR LANG-RT P     ARLA2 BZ         11642255.9      -17154461.9
ARTHUR LANG-RC C     ARLA9 BZ         11642255.9      -17154461.9
ARTHUR LANG-RC P     ARLA10 BZ        11642255.9      -17154461.9
ARTHUR LAN-DVD C     ARLA11 BZ        11642255.9      -17154461.9
ARTHUR LAN-DVD P     ARLA12 BZ        11642255.9      -17154461.9
BOMBRIL              BOBR3 BZ          351909380      -20217403.6
BOMBRIL CIRIO SA     BOBRON BZ         351909380      -20217403.6
BOMBRIL-PREF         BOBR4 BZ          351909380      -20217403.6
BOMBRIL CIRIO-PF     BOBRPN BZ         351909380      -20217403.6
BOMBRIL SA-ADR       BMBPY US          351909380      -20217403.6
BOMBRIL SA-ADR       BMBBY US          351909380      -20217403.6
BUETTNER             BUET3 BZ          106502172      -24836079.6
BUETTNER SA          BUETON BZ         106502172      -24836079.6
BUETTNER-PREF        BUET4 BZ          106502172      -24836079.6
BUETTNER SA-PRF      BUETPN BZ         106502172      -24836079.6
BUETTNER SA-RTS      BUET1 BZ          106502172      -24836079.6
BUETTNER SA-RT P     BUET2 BZ          106502172      -24836079.6
CAF BRASILIA         CAFE3 BZ          160938140       -149281089
CAFE BRASILIA SA     CSBRON BZ         160938140       -149281089
CAF BRASILIA-PRF     CAFE4 BZ          160938140       -149281089
CAFE BRASILIA-PR     CSBRPN BZ         160938140       -149281089
CHIARELLI SA         CCHI3 BZ         11165368.9      -88048393.7
CHIARELLI SA         CCHON BZ         11165368.9      -88048393.7
CHIARELLI SA-PRF     CCHI4 BZ         11165368.9      -88048393.7
CHIARELLI SA-PRF     CCHPN BZ         11165368.9      -88048393.7
IGUACU CAFE          IGUA3 BZ          290414421      -57976224.4
IGUACU CAFE          IGCSON BZ         290414421      -57976224.4
IGUACU CAFE          IGUCF US          290414421      -57976224.4
IGUACU CAFE-PR A     IGUA5 BZ          290414421      -57976224.4
IGUACU CAFE-PR A     IGCSAN BZ         290414421      -57976224.4
IGUACU CAFE-PR A     IGUAF US          290414421      -57976224.4
IGUACU CAFE-PR B     IGUA6 BZ          290414421      -57976224.4
IGUACU CAFE-PR B     IGCSBN BZ         290414421      -57976224.4
COBRASMA             CBMA3 BZ         85057466.1      -2098881762
COBRASMA SA          COBRON BZ        85057466.1      -2098881762
COBRASMA-PREF        CBMA4 BZ         85057466.1      -2098881762
COBRASMA SA-PREF     COBRPN BZ        85057466.1      -2098881762
CONST A LINDEN       CALI3 BZ         12670514.8      -3490373.87
CONST A LINDEN       LINDON BZ        12670514.8      -3490373.87
CONST A LIND-PRF     CALI4 BZ         12670514.8      -3490373.87
CONST A LIND-PRF     LINDPN BZ        12670514.8      -3490373.87
CONST BETER SA       1007Q BZ         31374373.7      -1555470.16
CONST BETER SA       COBEON BZ        31374373.7      -1555470.16
CONST BETER SA       COBE3B BZ        31374373.7      -1555470.16
CONST BETER-PR A     1008Q BZ         31374373.7      -1555470.16
CONST BETER-PR A     COBEAN BZ        31374373.7      -1555470.16
CONST BETER-PF A     COBE5 BZ         31374373.7      -1555470.16
CONST BETER-PR B     1009Q BZ         31374373.7      -1555470.16
CONST BETER-PR B     COBEBN BZ        31374373.7      -1555470.16
CONST BETER-PF B     COBE6 BZ         31374373.7      -1555470.16
CONST BETER-PF A     1COBAN BZ        31374373.7      -1555470.16
CONST BETER-PF B     1COBBN BZ        31374373.7      -1555470.16
CONST BETER SA       1COBON BZ        31374373.7      -1555470.16
D H B                DHBI3 BZ          138254322       -115344519
DHB IND E COM        DHBON BZ          138254322       -115344519
D H B-PREF           DHBI4 BZ          138254322       -115344519
DHB IND E COM-PR     DHBPN BZ          138254322       -115344519
DOCA INVESTIMENT     DOCA3 BZ          272567787       -202595760
DOCAS SA             DOCAON BZ         272567787       -202595760
DOCA INVESTI-PFD     DOCA4 BZ          272567787       -202595760
DOCAS SA-PREF        DOCAPN BZ         272567787       -202595760
DOCAS SA-RTS PRF     DOCA2 BZ          272567787       -202595760
FABRICA RENAUX       FTRX3 BZ         71426302.5      -70883547.3
FABRICA RENAUX       FRNXON BZ        71426302.5      -70883547.3
FABRICA RENAUX-P     FTRX4 BZ         71426302.5      -70883547.3
FABRICA RENAUX-P     FRNXPN BZ        71426302.5      -70883547.3
HAGA                 HAGA3 BZ         19331081.5        -49945686
FERRAGENS HAGA       HAGAON BZ        19331081.5        -49945686
FER HAGA-PREF        HAGA4 BZ         19331081.5        -49945686
FERRAGENS HAGA-P     HAGAPN BZ        19331081.5        -49945686
CIMOB PARTIC SA      GAFP3 BZ         44047411.7      -45669963.6
CIMOB PARTIC SA      GAFON BZ         44047411.7      -45669963.6
CIMOB PART-PREF      GAFP4 BZ         44047411.7      -45669963.6
CIMOB PART-PREF      GAFPN BZ         44047411.7      -45669963.6
IGB ELETRONICA       IGBR3 BZ          412300919       -112050649
GRADIENTE ELETR      IGBON BZ          412300919       -112050649
GRADIENTE-PREF A     IGBR5 BZ          412300919       -112050649
GRADIENTE EL-PRA     IGBAN BZ          412300919       -112050649
GRADIENTE-PREF B     IGBR6 BZ          412300919       -112050649
GRADIENTE EL-PRB     IGBBN BZ          412300919       -112050649
GRADIENTE-PREF C     IGBR7 BZ          412300919       -112050649
GRADIENTE EL-PRC     IGBCN BZ          412300919       -112050649
HOTEIS OTHON SA      HOOT3 BZ          260899978      -73596837.4
HOTEIS OTHON SA      HOTHON BZ         260899978      -73596837.4
HOTEIS OTHON-PRF     HOOT4 BZ          260899978      -73596837.4
HOTEIS OTHON-PRF     HOTHPN BZ         260899978      -73596837.4
RENAUXVIEW SA        TXRX3 BZ          118475706      -73851057.6
TEXTEIS RENAUX       RENXON BZ         118475706      -73851057.6
RENAUXVIEW SA-PF     TXRX4 BZ          118475706      -73851057.6
TEXTEIS RENAUX       RENXPN BZ         118475706      -73851057.6
PARMALAT             LCSA3 BZ          388720096       -213641152
PARMALAT BRASIL      LCSAON BZ         388720096       -213641152
PARMALAT-PREF        LCSA4 BZ          388720096       -213641152
PARMALAT BRAS-PF     LCSAPN BZ         388720096       -213641152
PARMALAT BR-RT C     LCSA5 BZ          388720096       -213641152
PARMALAT BR-RT P     LCSA6 BZ          388720096       -213641152
ESTRELA SA           ESTR3 BZ         74664947.5       -103550581
ESTRELA SA           ESTRON BZ        74664947.5       -103550581
ESTRELA SA-PREF      ESTR4 BZ         74664947.5       -103550581
ESTRELA SA-PREF      ESTRPN BZ        74664947.5       -103550581
WETZEL SA            MWET3 BZ         93378445.8      -6763345.61
WETZEL SA            MWELON BZ        93378445.8      -6763345.61
WETZEL SA-PREF       MWET4 BZ         93378445.8      -6763345.61
WETZEL SA-PREF       MWELPN BZ        93378445.8      -6763345.61
MINUPAR              MNPR3 BZ          165999220      -3127207.83
MINUPAR SA           MNPRON BZ         165999220      -3127207.83
MINUPAR-PREF         MNPR4 BZ          165999220      -3127207.83
MINUPAR SA-PREF      MNPRPN BZ         165999220      -3127207.83
NORDON MET           NORD3 BZ         12401871.5      -30368143.1
NORDON METAL         NORDON BZ        12401871.5      -30368143.1
NORDON MET-RTS       NORD1 BZ         12401871.5      -30368143.1
NOVA AMERICA SA      NOVA3B BZ          21287489       -183535527
NOVA AMERICA SA      NOVAON BZ          21287489       -183535527
NOVA AMERICA-PRF     NOVA4B BZ          21287489       -183535527
NOVA AMERICA-PRF     NOVAPN BZ          21287489       -183535527
NOVA AMERICA-PRF     1NOVPN BZ          21287489       -183535527
NOVA AMERICA SA      1NOVON BZ          21287489       -183535527
RECRUSUL             RCSL3 BZ         42222280.6      -19730363.1
RECRUSUL SA          RESLON BZ        42222280.6      -19730363.1
RECRUSUL-PREF        RCSL4 BZ         42222280.6      -19730363.1
RECRUSUL SA-PREF     RESLPN BZ        42222280.6      -19730363.1
PETRO MANGUINHOS     RPMG3 BZ          287903103       -170622863
PETRO MANGUINHOS     MANGON BZ         287903103       -170622863
PET MANGUINH-PRF     RPMG4 BZ          287903103       -170622863
PETRO MANGUIN-PF     MANGPN BZ         287903103       -170622863
RIMET                REEM3 BZ          103098361       -185417655
RIMET                REEMON BZ         103098361       -185417655
RIMET-PREF           REEM4 BZ          103098361       -185417655
RIMET-PREF           REEMPN BZ         103098361       -185417655
SANSUY               SNSY3 BZ          183826187       -133218258
SANSUY SA            SNSYON BZ         183826187       -133218258
SANSUY-PREF A        SNSY5 BZ          183826187       -133218258
SANSUY SA-PREF A     SNSYAN BZ         183826187       -133218258
SANSUY-PREF B        SNSY6 BZ          183826187       -133218258
SANSUY SA-PREF B     SNSYBN BZ         183826187       -133218258
BOTUCATU TEXTIL      STRP3 BZ         27663604.9      -7174512.03
STAROUP SA           STARON BZ        27663604.9      -7174512.03
BOTUCATU-PREF        STRP4 BZ         27663604.9      -7174512.03
STAROUP SA-PREF      STARPN BZ        27663604.9      -7174512.03
TEKA                 TEKA3 BZ          341291511       -388484677
TEKA                 TEKAON BZ         341291511       -388484677
TEKA-PREF            TEKA4 BZ          341291511       -388484677
TEKA-PREF            TEKAPN BZ         341291511       -388484677
TEKA-ADR             TKTPY US          341291511       -388484677
TEKA-ADR             TKTQY US          341291511       -388484677
F GUIMARAES          FGUI3 BZ         11016542.1       -151840377
FERREIRA GUIMARA     FGUION BZ        11016542.1       -151840377
F GUIMARAES-PREF     FGUI4 BZ         11016542.1       -151840377
FERREIRA GUIM-PR     FGUIPN BZ        11016542.1       -151840377
VARIG SA             VAGV3 BZ          966298048      -4695211008
VARIG SA             VARGON BZ         966298048      -4695211008
VARIG SA-PREF        VAGV4 BZ          966298048      -4695211008
VARIG SA-PREF        VARGPN BZ         966298048      -4695211008
BATTISTELLA          BTTL3 BZ          251786497      -39723897.3
BATTISTELLA-PREF     BTTL4 BZ          251786497      -39723897.3
SAUIPE SA            PSEGON BZ        15164420.8      -2756081.99
SAUIPE               PSEG3 BZ         15164420.8      -2756081.99
SAUIPE SA-PREF       PSEGPN BZ        15164420.8      -2756081.99
SAUIPE-PREF          PSEG4 BZ         15164420.8      -2756081.99
CIA PETROLIFERA      MRLM3B BZ         377602195      -3014291.72
CIA PETROLIF-PRF     MRLM4B BZ         377602195      -3014291.72
CIA PETROLIFERA      1CPMON BZ         377602195      -3014291.72
CIA PETROLIF-PRF     1CPMPN BZ         377602195      -3014291.72
LATTENO FOOD COR     LATF US            14423532         -3506007
VARIG PART EM TR     VPTA3 BZ         49432124.2       -399290396
VARIG PART EM-PR     VPTA4 BZ         49432124.2       -399290396
VARIG PART EM SE     VPSC3 BZ         83017828.6       -495721700
VARIG PART EM-PR     VPSC4 BZ         83017828.6       -495721700


COLOMBIA
---------

LA POLAR SA          LAPOLAR CI        605994833       -543186477
PUYEHUE RIGHT        PUYEHUOS CI      24251713.9      -3390038.99
LA POLAR-RT          LAPOLARO CI       605994833       -543186477
LA POLAR-RT          LAPOLAOS CI       605994833       -543186477
PUYEHUE              PUYEH CI         24251713.9      -3390038.99


                            ***********


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 * * *