/raid1/www/Hosts/bankrupt/TCRLA_Public/130212.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, February 12, 2013, Vol. 14, No. 30
Headlines
A R G E N T I N A
BANCO DE VALORES: Moody's Affirms Trustee Quality Assessment
* ARGENTINA: Wants to Move to Falklands for UK Benefits Culture
* ARGENTINA: Court Upholds Freeze on Chevron Assets
C A Y M A N I S L A N D S
AFA PRIVATE: Members Receive Wind-Up Report
AL DANA SHARIAH: Members Receive Wind-Up Report
BGI MULTI-STRATEGY: Shareholders Receive Wind-Up Report
CROWN INVESTMENT: Shareholders Receive Wind-Up Report
IHS INVESTMENTS: Shareholders Receive Wind-Up Report
LITTLE PLANE: Shareholders Receive Wind-Up Report
MPC HOLD CO: Shareholders Receive Wind-Up Report
MPC HOLDCO: Shareholders Receive Wind-Up Report
MPC INVESTORS: Shareholders Receive Wind-Up Report
ORISTAN OPPORTUNITY: Members Receive Wind-Up Report
ORISTAN OPPORTUNITY MANAGEMENT: Shareholders Hear Wind-Up Report
RASMALA ISLAMIC: Members Receive Wind-Up Report
RASMALA ISLAMIC FUND: Members Receive Wind-Up Report
REMEDIAL CAYMAN: Shareholders Receive Wind-Up Report
RIVERSIDE WISDOM: Shareholders Receive Wind-Up Report
RODOMONTE FUNDING: Shareholders Receive Wind-Up Report
SCJREP CAYMAN I: Shareholder Receives Wind-Up Report
SCJREP CAYMAN II: Shareholder Receives Wind-Up Report
SPRING ASSET: Shareholders Receive Wind-Up Report
YAOLAN LTD: Shareholders Receive Wind-Up Report
J A M A I C A
NATIONAL COMMERCIAL BANK: Investigators to Charge More Persons
* JAMAICA: Unemployment Rises 13.7% in October, STATIN Says
V E N E N Z U E L A
SIDETUR SA: Technical Default Cues Fitch to Cut IDR to 'D'
X X X X X X X X
* Large Companies With Insolvent Balance Sheets
- - - - -
=================
A R G E N T I N A
=================
BANCO DE VALORES: Moody's Affirms Trustee Quality Assessment
------------------------------------------------------------
Moody's Investors Service affirmed the trustee quality assessment
of TQ1.ar of Banco de Valores, S.A., a financial institution
headquartered in the City of Buenos Aires, Argentina that provides
trustee services for local structured finance transactions,
previously assessed on March 28, 2011.
The affirmation is based on Valores' strong management capability
of entrusted assets for the benefit of a securitization's trust
certificate holders. Moody's modifier of ".ar" indicates that the
TQ assessment is an Argentine national scale assessment and is
only comparable with other TQ assessments assigned to other
entities within Argentina.
Assessment Rationale
The TQ1.ar is the highest TQ assessment that could be achieved by
an Argentine trustee and is based primarily on the following
factors:
- A sound organizational structure and business strategy and an
experienced management team with several years of experience in
the capital and structured finance markets;
- The commitment of the Board of Directors to providing trustee
services as a crucial part of Valores' business strategy;
- Strong trustee's ability to perform its role in securitized
transactions based on Valores' proactive role in the monitoring
and reporting of structured transactions as well as the superior
management capability of the cash flows;
- The presence of clear origination procedures, and safeguards
in the events of stress on the entrusted portfolios as well as
clear procedures in the event of servicer replacement, quality
control procedures, and its adequate computer systems;
- Strong (-) financial stability in comparison to its peers as
indicated by its B2/Aa3.ar local currency deposits ratings.
TQs represent Moody's assessment of a trustee's ability to manage
a structured finance deal's assets for the benefit of investors.
Moody's Trustee Quality assessment incorporates mostly qualitative
evaluations of a trustee's operations and financial stability.
Moody's TQ assessment differs from traditional debt ratings, which
are opinions as to the expected loss associated with a specific
debt instrument. TQ assessment do not evaluate a trustee's ability
to repay its debt obligations but rather its ability to manage the
assets it holds in trust and fulfill its obligations under the
terms of the transaction documents.
Valores is owned by the Buenos Aires Stock Exchange and
specializes in providing banking and clearing services to the
securities industry and capital market participants.
* ARGENTINA: Wants to Move to Falklands for UK Benefits Culture
---------------------------------------------------------------
Casper Panklehurst at The Daily Squib reports that it has been
revealed what Argentina President Cristina Kirchner is planning to
do in the next few months.
"We heard the UK has got a great benefits culture because everyone
from the world goes there to get free money, healthcare and
schooling. We want the same because in Argentina we are bankrupt.
This is why my friends, we are all going to move to Falkland
Islands and then we can have same thing British people have,"
Carlos Jakalloa, an unemployed Argentine man from the capital city
told local news outlets, according to The Daily Squib.
The report relates that Cristina Kirchner said that at some stage,
thousands of ships will embark from the coast and sail to the
Falkland Isles where the millions of Argentinians will disembark
and start building their homes.
* ARGENTINA: Court Upholds Freeze on Chevron Assets
---------------------------------------------------
The Gleaner reports that an attempt by Chevron Corp to unfreeze
its assets was dismissed by an appeals court in Argentina, where
the winners of a US$19 billion environmental judgment in Ecuador
are suing to force the oil company to pay.
Plaintiffs' attorney Pablo Fajardo told The Associated Press that
the court refused to lift an embargo that a lower-court judge
imposed in November in the case, which involves oil contamination
left after Texaco Corp pulled out of the Amazon decades ago.
Chevron later bought Texaco and inherited the problem, according
to The Gleaner.
"Chevron respectfully disagrees with the court's decision" and
will pursue all available legal remedies to reverse the interim
measure, the report quoted spokesman Kurt Glaubitz as saying.
Chevron has no assets in Ecuador, so the plaintiffs have filed
suits in Canada, Brazil and Argentina.
Chevron has refused to pay, saying that if the accusations had
been legitimate, the plaintiffs would be seeking relief in the
United States, where the company is headquartered, the report
recalls. The Gleaner relates that each side has accused the other
of committing fraud during the long judicial process, which began
in the United States but moved to Ecuador with Chevron's consent
at a time when the country was led by interests more sympathetic
to foreign oil companies than its current president, leftist
Rafael Correa.
==========================
C A Y M A N I S L A N D S
==========================
AFA PRIVATE: Members Receive Wind-Up Report
-------------------------------------------
On Dec. 24, 2012, the members of AFA Private Equity Fund I
received the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
CDL Company Ltd.
P.O. Box 31106 Grand Cayman KY1-1205
Cayman Islands
AL DANA SHARIAH: Members Receive Wind-Up Report
-----------------------------------------------
On Dec. 24, 2012, the members of Al Dana Shariah Compliant Global
Equity Manager Selection Fund Ltd. received the liquidator's
report on the company's wind-up proceedings and property disposal.
The company's liquidator is:
CDL Company Ltd
P.O. Box 31106 Grand Cayman KY1-1205
Cayman Islands
BGI MULTI-STRATEGY: Shareholders Receive Wind-Up Report
-------------------------------------------------------
On Jan. 4, 2013, the shareholders of The BGI Multi-Strategy Select
(Sterling) Fund Limited received the liquidator's report on the
company's wind-up proceedings and property disposal.
The company's liquidator is:
Intertrust Corporate Services (Cayman) Limited
87 Mary Street, George Town
Grand Cayman KY1-9002
Cayman Islands
c/o Jennifer Chailler
Telephone: (345) 814 6847
CROWN INVESTMENT: Shareholders Receive Wind-Up Report
-----------------------------------------------------
On Jan. 4, 2013, the shareholders of Crown Investment Company
Limited received the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
Intertrust SPV (Cayman) Limited
87 Mary Street, George Town
Grand Cayman KY1-9002
Cayman Islands
c/o Jennifer Chailler
Telephone: (345) 814 6847
IHS INVESTMENTS: Shareholders Receive Wind-Up Report
----------------------------------------------------
The shareholders of IHS Investments Limited received the
liquidator's report on the company's wind-up proceedings and
property disposal.
The company's liquidator is:
Michael Sharp
15 Inverness Way East, W300C
Englewood, CO 80112
USA
LITTLE PLANE: Shareholders Receive Wind-Up Report
-------------------------------------------------
On Jan. 4, 2013, the shareholders of Little Plane Five Limited
received the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
Trident Liquidators (Cayman) Limited
c/o Mrs. Eva Moore
Trident Trust Company (Cayman) Limited
Telephone: (345) 949 0880
Facsimile: (345) 949 0881
P.O. Box 847, George Town Grand Cayman KY1-1103
Cayman Islands
MPC HOLD CO: Shareholders Receive Wind-Up Report
------------------------------------------------
On Dec. 3, 2012, the shareholders of MPC Hold Co Cayman received
the liquidator's report on the company's wind-up proceedings and
property disposal.
The company's liquidator is:
KPH Holdings Ltd
c/o Intertrust Corporate Services (Cayman) Limited
87 Mary Street, George Town
Grand Cayman KY1-9005
Cayman Islands
Telephone: +65 6338 2132
MPC HOLDCO: Shareholders Receive Wind-Up Report
-----------------------------------------------
On Dec. 25, 2012, the shareholders of MPC Holdco Limited received
the liquidator's report on the company's wind-up proceedings and
property disposal.
The company's liquidator is:
KPH Holdings Ltd
c/o Intertrust Corporate Services (Cayman) Limited
87 Mary Street, George Town
Grand Cayman KY1-9005
Cayman Islands
Telephone: +65 6338 2132
MPC INVESTORS: Shareholders Receive Wind-Up Report
--------------------------------------------------
On Dec. 25, 2012, the shareholders of MPC Investors Limited
received the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
KPH Holdings Ltd
c/o Intertrust Corporate Services (Cayman) Limited
87 Mary Street, George Town
Grand Cayman KY1-9005
Cayman Islands
Telephone: +65 6338 2132
ORISTAN OPPORTUNITY: Members Receive Wind-Up Report
---------------------------------------------------
On Jan. 4, 2013, the shareholders of Oristan Opportunity Fund
Investments Limited received the liquidator's report on the
company's wind-up proceedings and property disposal.
The company's liquidator is:
Intertrust Corporateservices (Cayman) Limited
Walker House, 87 Mary Street, George Town
Grand Cayman KY1-9002
Cayman Islands
c/o Jennifer Chailler
Telephone: (345) 814 6847
ORISTAN OPPORTUNITY MANAGEMENT: Shareholders Hear Wind-Up Report
----------------------------------------------------------------
On Jan. 4, 2013, the shareholders of Oristan Opportunity Fund
Management Limited received the liquidator's report on the
company's wind-up proceedings and property disposal.
The company's liquidator is:
Intertrust Corporateservices (Cayman) Limited
Walker House, 87 Mary Street, George Town
Grand Cayman KY1-9002
Cayman Islands
c/o Jennifer Chailler
Telephone: (345) 814 6847
RASMALA ISLAMIC: Members Receive Wind-Up Report
-----------------------------------------------
On Dec. 24, 2012, the members of Rasmala Islamic Global Equity
Opportunity Ltd. received the liquidator's report on the company's
wind-up proceedings and property disposal.
The company's liquidator is:
CDL Company Ltd
P.O. Box 31106 Grand Cayman KY1-1205
Cayman Islands
RASMALA ISLAMIC FUND: Members Receive Wind-Up Report
----------------------------------------------------
On Dec. 24, 2012, the members of Rasmala Islamic Global Equity
Opportunity Fund received the liquidator's report on the company's
wind-up proceedings and property disposal.
The company's liquidator is:
CDL Company Ltd
P.O. Box 31106 Grand Cayman KY1-1205
Cayman Islands
REMEDIAL CAYMAN: Shareholders Receive Wind-Up Report
----------------------------------------------------
On Dec. 27, 2012, the shareholders of Remedial Cayman ESV2 Limited
received the liquidator's report on the company's wind-up
proceedings and property disposal.
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
RIVERSIDE WISDOM: Shareholders Receive Wind-Up Report
-----------------------------------------------------
On Jan. 29, 2013, the shareholders of Riverside Wisdom World
Allocation Fund received the liquidator's report on the company's
wind-up proceedings and property disposal.
The company's liquidator is:
Mourant Ozannes Cayman Liquidators Limited
94 Solaris Avenue, Camana Bay
P.O. Box 1348 Grand Cayman KY1-1108
Cayman Islands
RODOMONTE FUNDING: Shareholders Receive Wind-Up Report
------------------------------------------------------
On Jan. 4, 2013, the shareholders of Rodomonte Funding Ltd.
received the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
Intertrust Corporate Services (Cayman) Limited
87 Mary Street, George Town
Grand Cayman KY1-9002
Cayman Islands
c/o Jennifer Chailler
Telephone: (345) 814 6847
SCJREP CAYMAN I: Shareholder Receives Wind-Up Report
----------------------------------------------------
On Dec. 24, 2012, the shareholder of SCJREP Cayman I, Ltd.
received the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
Phi Le
c/o Secured Capital Investment Management Co., Ltd.
4-1-28 Toranomon, Minato-ku
Tokyo 105-001
Japan
SCJREP CAYMAN II: Shareholder Receives Wind-Up Report
-----------------------------------------------------
On Dec. 24, 2012, the shareholder of SCJREP Cayman II, Ltd.
received the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
Phi Le
c/o Secured Capital Investment Management Co., Ltd.
4-1-28 Toranomon, Minato-ku
Tokyo 105-001
Japan
SPRING ASSET: Shareholders Receive Wind-Up Report
-------------------------------------------------
On Jan. 4, 2013, the shareholders of Spring Asset Funding Ltd.
received the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
YAOLAN LTD: Shareholders Receive Wind-Up Report
-----------------------------------------------
On Dec. 31, 2012, the shareholders of Yaolan Ltd. received the
liquidator's report on the company's wind-up proceedings and
property disposal.
The company's liquidator is:
Matthew J. Estes
4th Floor, Bldg. A, East Gate Plaza
Dong Cheng District, Beijing
100027 PRC
Telephone: (86-10) 6419 8866
Facsimile: (86-10) 6418-2021
=============
J A M A I C A
=============
NATIONAL COMMERCIAL BANK: Investigators to Charge More Persons
--------------------------------------------------------------
RJR News reports that Senior Superintendent Clifford Chambers,
head of the Organized Crime Investigation Division (OCID) said
investigators are looking for additional persons in connection
with the multi-million dollar loan racket at the National
Commercial Bank.
"NCB case continues nevertheless. There are some additional
persons that have been summoned to court and we are presently
looking for more suspects in that matter," RJR News quoted Mr.
Chambers as saying.
RJR News notes that OCID began its probe in December after the
bank discovered that J$85 million dollars in loans were granted to
persons who had submitted fake supporting documents such as job
letters from companies that did not exist.
Five persons have been charged.
They include the alleged mastermind 40 year old businessman Wayne
Tait, RJR News says.
* JAMAICA: Unemployment Rises 13.7% in October, STATIN Says
-----------------------------------------------------------
RJR News reports that the Statistical Institute of Jamaica,
(STATIN) said the jobless rate in Jamaica, rose for a second
straight quarter.
Unemployment rose to 13.7% of the labor force in October,
according to RJR News. The report relates that the rate is up
from 12.8% at the end of July.
RJR News notes that the increased unemployment rate came with a
net loss of 6,500 jobs, for the period July to October last year.
Job losses were recorded among construction as well as craft and
related trades workers, the report relates.
Areas showing job gains in the same period were the agricultural
sector and some elementary occupations.
===================
V E N E N Z U E L A
===================
SIDETUR SA: Technical Default Cues Fitch to Cut IDR to 'D'
----------------------------------------------------------
Fitch Ratings has downgraded these ratings of Sidururgica del
Turbio S.A.:
Sidetur S.A.
-- Foreign currency Long Term Issuer Default Rating (IDR) to 'C'
from 'CCC'; Watch Negative;
-- Local currency Long Term IDR to 'C' from 'CCC'; Watch
Negative;
-- National scale rating to 'C(ven)' from 'CCC(ven)'.
Sidetur Finance B.V.
-- USD100 million unsecured notes due 2016 issued by Sidetur
Finance B.V., a wholly owned subsidiary of Sidetur to 'C/RR4';
from 'CCC/RR4'; Watch Negative.
Fitch has affirmed these rating of Sidetur S.A.
-- National short-term rating at 'C(ven)'.
The Rating Watch Negative has been removed.
The downgrade follows the technical default on the USD100 million
unsecured notes issued by Sidetur Finance B.V. that was triggered
as a result of the restricted cash account not being replenished
by the due date to USD7.6 million with creditors being notified by
the trustee in a letter on Jan. 30, 2013 This technical default
has a 60-day cure period.
If the restricted cash account is not replenished within the cure
period expiring in late March 2013, the notes will be in default
of a committed payment obligation. Due to the circumstances of
Sidetur's assets, which are under the control of the government of
Venezuela, and the ongoing issues surrounding the payment for the
seized assets to Sidetur and its parent Sivensa, Fitch does not
anticipate the restricted cash being replenished within the cure
period.
The scheduled coupon payment of principal and interest on the
notes of USD3.2 million was paid from the restricted cash account
on Jan. 20, 2013. The balance left in the restricted cash account
is sufficient to cover the scheduled coupon payment on April 20,
2013. After this date, absent restricted account replenishment,
the coupon payment due on July 20, 2013 will not be met.
The Recovery Rating of 'RR4' is maintained on the notes, and
reflects anticipated recoveries of 30% - 50%. This follows the
application of Fitch's 'Country Specific Treatment of Recovery
Ratings' criteria where Venezuela has a 'soft cap' at RR4. There
are no assets remaining on the Borrower's balance sheet, but the
noteholders' recovery prospects are somewhat supported by the
Venezuelan government's track record for paying for nationalized
assets, such as the payments made to Cemex and Sidor for their
expropriated assets in Venezuela. The length of time to resolve
the compensation issue remains unclear, as does the final value to
be received, and will likely be settled through a long, drawn-out
process.
===============
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)
------- ------ --------- ------------
AGRENCO LTD AGRE LX 395826857.5 -540627165.4
AGRENCO LTD-BDR AGEN11 BZ 395826857.5 -540627165.4
ALL ORE MINERACA AORE3 BZ 21657457.41 -7184940.816
ALL ORE MINERACA STLB3 BZ 21657457.41 -7184940.816
ARTHUR LAN-DVD C ARLA11 BZ 11642255.92 -17154461.86
ARTHUR LAN-DVD P ARLA12 BZ 11642255.92 -17154461.86
ARTHUR LANGE ARLA3 BZ 11642255.92 -17154461.86
ARTHUR LANGE SA ALICON BZ 11642255.92 -17154461.86
ARTHUR LANGE-PRF ARLA4 BZ 11642255.92 -17154461.86
ARTHUR LANGE-PRF ALICPN BZ 11642255.92 -17154461.86
ARTHUR LANG-RC C ARLA9 BZ 11642255.92 -17154461.86
ARTHUR LANG-RC P ARLA10 BZ 11642255.92 -17154461.86
ARTHUR LANG-RT C ARLA1 BZ 11642255.92 -17154461.86
ARTHUR LANG-RT P ARLA2 BZ 11642255.92 -17154461.86
B&D FOOD CORP BDFCE US 14423532 -3506007
B&D FOOD CORP BDFC US 14423532 -3506007
BALADARE BLDR3 BZ 159454015.9 -52992212.81
BATTISTELLA BTTL3 BZ 246036232.2 -51251360.68
BATTISTELLA-PREF BTTL4 BZ 246036232.2 -51251360.68
BATTISTELLA-RECE BTTL9 BZ 246036232.2 -51251360.68
BATTISTELLA-RECP BTTL10 BZ 246036232.2 -51251360.68
BATTISTELLA-RI P BTTL2 BZ 246036232.2 -51251360.68
BATTISTELLA-RIGH BTTL1 BZ 246036232.2 -51251360.68
BOMBRIL BMBBF US 344846084.5 -16082109.13
BOMBRIL FPXE4 BZ 19416015.78 -489914901.9
BOMBRIL BOBR3 BZ 344846084.5 -16082109.13
BOMBRIL CIRIO SA BOBRON BZ 344846084.5 -16082109.13
BOMBRIL CIRIO-PF BOBRPN BZ 344846084.5 -16082109.13
BOMBRIL HOLDING FPXE3 BZ 19416015.78 -489914901.9
BOMBRIL SA-ADR BMBPY US 344846084.5 -16082109.13
BOMBRIL SA-ADR BMBBY US 344846084.5 -16082109.13
BOMBRIL-PREF BOBR4 BZ 344846084.5 -16082109.13
BOMBRIL-RGTS PRE BOBR2 BZ 344846084.5 -16082109.13
BOMBRIL-RIGHTS BOBR1 BZ 344846084.5 -16082109.13
BOTUCATU TEXTIL STRP3 BZ 27663604.95 -7174512.028
BOTUCATU-PREF STRP4 BZ 27663604.95 -7174512.028
BUETTNER BUET3 BZ 106809931.8 -26451200.98
BUETTNER SA BUETON BZ 106809931.8 -26451200.98
BUETTNER SA-PRF BUETPN BZ 106809931.8 -26451200.98
BUETTNER SA-RT P BUET2 BZ 106809931.8 -26451200.98
BUETTNER SA-RTS BUET1 BZ 106809931.8 -26451200.98
BUETTNER-PREF BUET4 BZ 106809931.8 -26451200.98
CAF BRASILIA CAFE3 BZ 160938139.9 -149281089.5
CAF BRASILIA-PRF CAFE4 BZ 160938139.9 -149281089.5
CAFE BRASILIA SA CSBRON BZ 160938139.9 -149281089.5
CAFE BRASILIA-PR CSBRPN BZ 160938139.9 -149281089.5
CELGPAR GPAR3 BZ 2657428496 -817505840.1
CENTRAL COST-ADR CCSA LI 369642685.3 -49030758.7
CENTRAL COSTAN-B CRCBF US 369642685.3 -49030758.7
CENTRAL COSTAN-B CNRBF US 369642685.3 -49030758.7
CENTRAL COSTAN-C CECO3 AR 369642685.3 -49030758.7
CENTRAL COST-BLK CECOB AR 369642685.3 -49030758.7
CHIARELLI SA CCHI3 BZ 11165368.88 -88048393.7
CHIARELLI SA CCHON BZ 11165368.88 -88048393.7
CHIARELLI SA-PRF CCHI4 BZ 11165368.88 -88048393.7
CHIARELLI SA-PRF CCHPN BZ 11165368.88 -88048393.7
CIA PETROLIFERA MRLM3 BZ 377602195.2 -3014291.724
CIA PETROLIFERA MRLM3B BZ 377602195.2 -3014291.724
CIA PETROLIFERA 1CPMON BZ 377602195.2 -3014291.724
CIA PETROLIF-PRF MRLM4 BZ 377602195.2 -3014291.724
CIA PETROLIF-PRF MRLM4B BZ 377602195.2 -3014291.724
CIA PETROLIF-PRF 1CPMPN BZ 377602195.2 -3014291.724
CIMOB PARTIC SA GAFP3 BZ 44047411.7 -45669963.59
CIMOB PARTIC SA GAFON BZ 44047411.7 -45669963.59
CIMOB PART-PREF GAFP4 BZ 44047411.7 -45669963.59
CIMOB PART-PREF GAFPN BZ 44047411.7 -45669963.59
COBRASMA CBMA3 BZ 84044218.09 -2153724140
COBRASMA SA COBRON BZ 84044218.09 -2153724140
COBRASMA SA-PREF COBRPN BZ 84044218.09 -2153724140
COBRASMA-PREF CBMA4 BZ 84044218.09 -2153724140
CONST A LINDEN CALI3 BZ 12894010.61 -2805191.164
CONST A LINDEN LINDON BZ 12894010.61 -2805191.164
CONST A LIND-PRF CALI4 BZ 12894010.61 -2805191.164
CONST A LIND-PRF LINDPN BZ 12894010.61 -2805191.164
CONST LINDEN RCT CALI9 BZ 12894010.61 -2805191.164
CONST LINDEN RCT CALI10 BZ 12894010.61 -2805191.164
CONST LINDEN RT CALI1 BZ 12894010.61 -2805191.164
CONST LINDEN RT CALI2 BZ 12894010.61 -2805191.164
D H B DHBI3 BZ 138254321.9 -115344518.7
D H B-PREF DHBI4 BZ 138254321.9 -115344518.7
DHB IND E COM DHBON BZ 138254321.9 -115344518.7
DHB IND E COM-PR DHBPN BZ 138254321.9 -115344518.7
DOCA INVESTIMENT DOCA3 BZ 262638432.2 -199076299.9
DOCA INVESTI-PFD DOCA4 BZ 262638432.2 -199076299.9
DOCAS SA DOCAON BZ 262638432.2 -199076299.9
DOCAS SA-PREF DOCAPN BZ 262638432.2 -199076299.9
DOCAS SA-RTS PRF DOCA2 BZ 262638432.2 -199076299.9
ENDESA COST-ADR CRCNY US 369642685.3 -49030758.7
ENDESA COSTAN- CECO2 AR 369642685.3 -49030758.7
ENDESA COSTAN- CECOD AR 369642685.3 -49030758.7
ENDESA COSTAN- CECOC AR 369642685.3 -49030758.7
ENDESA COSTAN- EDCFF US 369642685.3 -49030758.7
ENDESA COSTAN-A CECO1 AR 369642685.3 -49030758.7
ESTRELA SA ESTR3 BZ 83538938.27 -102223933.2
ESTRELA SA ESTRON BZ 83538938.27 -102223933.2
ESTRELA SA-PREF ESTR4 BZ 83538938.27 -102223933.2
ESTRELA SA-PREF ESTRPN BZ 83538938.27 -102223933.2
F GUIMARAES FGUI3 BZ 11016542.14 -151840377.4
F GUIMARAES-PREF FGUI4 BZ 11016542.14 -151840377.4
FABRICA RENAUX FTRX3 BZ 70649865.99 -75488504.45
FABRICA RENAUX FRNXON BZ 70649865.99 -75488504.45
FABRICA RENAUX-P FTRX4 BZ 70649865.99 -75488504.45
FABRICA RENAUX-P FRNXPN BZ 70649865.99 -75488504.45
FABRICA TECID-RT FTRX1 BZ 70649865.99 -75488504.45
FER HAGA-PREF HAGA4 BZ 20081896.26 -49045924.81
FERRAGENS HAGA HAGAON BZ 20081896.26 -49045924.81
FERRAGENS HAGA-P HAGAPN BZ 20081896.26 -49045924.81
FERREIRA GUIMARA FGUION BZ 11016542.14 -151840377.4
FERREIRA GUIM-PR FGUIPN BZ 11016542.14 -151840377.4
HAGA HAGA3 BZ 20081896.26 -49045924.81
HOTEIS OTHON SA HOOT3 BZ 255452990.1 -73565093.67
HOTEIS OTHON SA HOTHON BZ 255452990.1 -73565093.67
HOTEIS OTHON-PRF HOOT4 BZ 255452990.1 -73565093.67
HOTEIS OTHON-PRF HOTHPN BZ 255452990.1 -73565093.67
IGUACU CAFE IGUA3 BZ 262778568.4 -57161259.46
IGUACU CAFE IGCSON BZ 262778568.4 -57161259.46
IGUACU CAFE IGUCF US 262778568.4 -57161259.46
IGUACU CAFE-PR A IGUA5 BZ 262778568.4 -57161259.46
IGUACU CAFE-PR A IGCSAN BZ 262778568.4 -57161259.46
IGUACU CAFE-PR A IGUAF US 262778568.4 -57161259.46
IGUACU CAFE-PR B IGUA6 BZ 262778568.4 -57161259.46
IGUACU CAFE-PR B IGCSBN BZ 262778568.4 -57161259.46
IMPSAT FIBER NET IMPTQ US 535007008 -17164978
IMPSAT FIBER NET 330902Q GR 535007008 -17164978
IMPSAT FIBER NET XIMPT SM 535007008 -17164978
IMPSAT FIBER-$US IMPTD AR 535007008 -17164978
IMPSAT FIBER-BLK IMPTB AR 535007008 -17164978
IMPSAT FIBER-C/E IMPTC AR 535007008 -17164978
IMPSAT FIBER-CED IMPT AR 535007008 -17164978
LA POLAR SA NUEVAPOL CI 623197996 -605184455.9
LA POLAR SA LAPOLAR CI 623197996 -605184455.9
LA POLAR-RT LAPOLARO CI 623197996 -605184455.9
LA POLAR-RT LAPOLAOS CI 623197996 -605184455.9
LATTENO FOOD COR LATF US 14423532 -3506007
LUPATECH SA LUPA3 BZ 943240001.5 -5971578.447
LUPATECH SA LUPAF US 943240001.5 -5971578.447
LUPATECH SA -RCT LUPA9 BZ 943240001.5 -5971578.447
LUPATECH SA-ADR LUPAY US 943240001.5 -5971578.447
LUPATECH SA-RT LUPA11 BZ 943240001.5 -5971578.447
LUPATECH SA-RTS LUPA1 BZ 943240001.5 -5971578.447
MINUPAR MNPR3 BZ 153054387.9 -2037402.694
MINUPAR SA MNPRON BZ 153054387.9 -2037402.694
MINUPAR SA-PREF MNPRPN BZ 153054387.9 -2037402.694
MINUPAR-PREF MNPR4 BZ 153054387.9 -2037402.694
MINUPAR-RCT 9314634Q BZ 153054387.9 -2037402.694
MINUPAR-RCT 0599564D BZ 153054387.9 -2037402.694
MINUPAR-RCT MNPR9 BZ 153054387.9 -2037402.694
MINUPAR-RT 9314542Q BZ 153054387.9 -2037402.694
MINUPAR-RT 0599562D BZ 153054387.9 -2037402.694
MINUPAR-RTS MNPR1 BZ 153054387.9 -2037402.694
NORDON MET NORD3 BZ 12234778.35 -30283728.64
NORDON METAL NORDON BZ 12234778.35 -30283728.64
NORDON MET-RTS NORD1 BZ 12234778.35 -30283728.64
NOVA AMERICA SA NOVA3 BZ 21287489 -183535527.2
NOVA AMERICA SA NOVA3B BZ 21287489 -183535527.2
NOVA AMERICA SA NOVAON BZ 21287489 -183535527.2
NOVA AMERICA SA 1NOVON BZ 21287489 -183535527.2
NOVA AMERICA-PRF NOVA4 BZ 21287489 -183535527.2
NOVA AMERICA-PRF NOVA4B BZ 21287489 -183535527.2
NOVA AMERICA-PRF NOVAPN BZ 21287489 -183535527.2
NOVA AMERICA-PRF 1NOVPN BZ 21287489 -183535527.2
PARMALAT LCSA3 BZ 388720096 -213641152
PARMALAT BRASIL LCSAON 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
PARMALAT-PREF LCSA4 BZ 388720096 -213641152
PET MANG-RECEIPT 0229292Q BZ 246810936.7 -224879124.2
PET MANG-RECEIPT 0229296Q BZ 246810936.7 -224879124.2
PET MANG-RECEIPT RPMG9 BZ 246810936.7 -224879124.2
PET MANG-RECEIPT RPMG10 BZ 246810936.7 -224879124.2
PET MANG-RIGHTS 3678565Q BZ 246810936.7 -224879124.2
PET MANG-RIGHTS 3678569Q BZ 246810936.7 -224879124.2
PET MANG-RT 4115360Q BZ 246810936.7 -224879124.2
PET MANG-RT 4115364Q BZ 246810936.7 -224879124.2
PET MANG-RT 0229249Q BZ 246810936.7 -224879124.2
PET MANG-RT 0229268Q BZ 246810936.7 -224879124.2
PET MANG-RT RPMG2 BZ 246810936.7 -224879124.2
PET MANG-RT RPMG1 BZ 246810936.7 -224879124.2
PET MANGUINH-PRF RPMG4 BZ 246810936.7 -224879124.2
PETRO MANGUINHOS RPMG3 BZ 246810936.7 -224879124.2
PETRO MANGUINHOS MANGON BZ 246810936.7 -224879124.2
PETRO MANGUIN-PF MANGPN BZ 246810936.7 -224879124.2
PORTX OPERACOES PRTX3 BZ 976769402.8 -9407990.345
PORTX OPERA-GDR PXTPY US 976769402.8 -9407990.345
PUYEHUE PUYEH CI 24251713.88 -3390038.992
PUYEHUE RIGHT PUYEHUOS CI 24251713.88 -3390038.992
RECRUSUL RCSL3 BZ 41094940.32 -21379158.76
RECRUSUL - RCT 4529789Q BZ 41094940.32 -21379158.76
RECRUSUL - RCT 4529793Q BZ 41094940.32 -21379158.76
RECRUSUL - RCT 0163582D BZ 41094940.32 -21379158.76
RECRUSUL - RCT 0163583D BZ 41094940.32 -21379158.76
RECRUSUL - RCT 0614675D BZ 41094940.32 -21379158.76
RECRUSUL - RCT 0614676D BZ 41094940.32 -21379158.76
RECRUSUL - RCT RCSL10 BZ 41094940.32 -21379158.76
RECRUSUL - RT 4529781Q BZ 41094940.32 -21379158.76
RECRUSUL - RT 4529785Q BZ 41094940.32 -21379158.76
RECRUSUL - RT 0163579D BZ 41094940.32 -21379158.76
RECRUSUL - RT 0163580D BZ 41094940.32 -21379158.76
RECRUSUL - RT 0614673D BZ 41094940.32 -21379158.76
RECRUSUL - RT 0614674D BZ 41094940.32 -21379158.76
RECRUSUL SA RESLON BZ 41094940.32 -21379158.76
RECRUSUL SA-PREF RESLPN BZ 41094940.32 -21379158.76
RECRUSUL SA-RCT RCSL9 BZ 41094940.32 -21379158.76
RECRUSUL SA-RTS RCSL1 BZ 41094940.32 -21379158.76
RECRUSUL SA-RTS RCSL2 BZ 41094940.32 -21379158.76
RECRUSUL-BON RT RCSL11 BZ 41094940.32 -21379158.76
RECRUSUL-BON RT RCSL12 BZ 41094940.32 -21379158.76
RECRUSUL-PREF RCSL4 BZ 41094940.32 -21379158.76
REII INC REIC US 14423532 -3506007
RENAUXVIEW SA TXRX3 BZ 113010473 -78451102.12
RENAUXVIEW SA-PF TXRX4 BZ 113010473 -78451102.12
RIMET REEM3 BZ 103098360.9 -185417654.6
RIMET REEMON BZ 103098360.9 -185417654.6
RIMET-PREF REEM4 BZ 103098360.9 -185417654.6
RIMET-PREF REEMPN BZ 103098360.9 -185417654.6
SANESALTO SNST3 BZ 31802628.1 -2924062.868
SANSUY SNSY3 BZ 183655396.8 -138233504.6
SANSUY SA SNSYON BZ 183655396.8 -138233504.6
SANSUY SA-PREF A SNSYAN BZ 183655396.8 -138233504.6
SANSUY SA-PREF B SNSYBN BZ 183655396.8 -138233504.6
SANSUY-PREF A SNSY5 BZ 183655396.8 -138233504.6
SANSUY-PREF B SNSY6 BZ 183655396.8 -138233504.6
SAUIPE PSEG3 BZ 18005034.37 -5223527.469
SAUIPE SA PSEGON BZ 18005034.37 -5223527.469
SAUIPE SA-PREF PSEGPN BZ 18005034.37 -5223527.469
SAUIPE-PREF PSEG4 BZ 18005034.37 -5223527.469
SCHLOSSER SCLO3 BZ 56671769.64 -52218991.26
SCHLOSSER SA SCHON BZ 56671769.64 -52218991.26
SCHLOSSER SA-PRF SCHPN BZ 56671769.64 -52218991.26
SCHLOSSER-PREF SCLO4 BZ 56671769.64 -52218991.26
SNIAFA SA SNIA AR 11229696.22 -2670544.877
SNIAFA SA-B SDAGF US 11229696.22 -2670544.877
SNIAFA SA-B SNIA5 AR 11229696.22 -2670544.877
STAROUP SA STARON BZ 27663604.95 -7174512.028
STAROUP SA-PREF STARPN BZ 27663604.95 -7174512.028
STEEL - RCT ORD STLB9 BZ 21657457.41 -7184940.816
STEEL - RT STLB1 BZ 21657457.41 -7184940.816
TEKA TKTQF US 363575480.9 -371579997.4
TEKA TEKA3 BZ 363575480.9 -371579997.4
TEKA TEKAON BZ 363575480.9 -371579997.4
TEKA-ADR TEKAY US 363575480.9 -371579997.4
TEKA-ADR TKTPY US 363575480.9 -371579997.4
TEKA-ADR TKTQY US 363575480.9 -371579997.4
TEKA-PREF TKTPF US 363575480.9 -371579997.4
TEKA-PREF TEKA4 BZ 363575480.9 -371579997.4
TEKA-PREF TEKAPN BZ 363575480.9 -371579997.4
TEKA-RCT TEKA9 BZ 363575480.9 -371579997.4
TEKA-RCT TEKA10 BZ 363575480.9 -371579997.4
TEKA-RTS TEKA1 BZ 363575480.9 -371579997.4
TEKA-RTS TEKA2 BZ 363575480.9 -371579997.4
TEXTEIS RENA-RCT TXRX9 BZ 113010473 -78451102.12
TEXTEIS RENA-RCT TXRX10 BZ 113010473 -78451102.12
TEXTEIS RENAU-RT TXRX1 BZ 113010473 -78451102.12
TEXTEIS RENAU-RT TXRX2 BZ 113010473 -78451102.12
TEXTEIS RENAUX RENXON BZ 113010473 -78451102.12
TEXTEIS RENAUX RENXPN BZ 113010473 -78451102.12
VARIG PART EM SE VPSC3 BZ 83017828.56 -495721699.8
VARIG PART EM TR VPTA3 BZ 49432124.18 -399290396.3
VARIG PART EM-PR VPTA4 BZ 49432124.18 -399290396.3
VARIG PART EM-PR VPSC4 BZ 83017828.56 -495721699.8
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
WETZEL SA MWET3 BZ 93591243.36 -7959637.409
WETZEL SA MWELON BZ 93591243.36 -7959637.409
WETZEL SA-PREF MWET4 BZ 93591243.36 -7959637.409
WETZEL SA-PREF MWELPN BZ 93591243.36 -7959637.409
***********
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., Washington, D.C.,
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 2013. 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$775 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 A. Chapman at 215-945-7000 or Nina Novak at
202-241-8200.
* * * End of Transmission * * *