TCRLA_Public/150331.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, March 31, 2015, Vol. 16, No. 063


                            Headlines



A N T I G U A  &  B A R B U D A

LIAT: CEO David Evans Must Go, Prime Minister Says


B A H A M A S

COLUMBUS INT'L: More Progress Towards Approval of Merger With CWC


B O L I V I A

* BOLIVIA: To Export Liquefied Petroleum Gas to Brazil


B R A Z I L

CIMENTO TUPI: S&P Lowers CCR to 'CCC'; Outlook Negative
DESENVIX ENERGIAS: Moody's Affirms 'B1/Baa1.br' CFR
PETROLEO BRASILEIRO: No 'Grand Bargain' With Builders in Scandal


C A Y M A N  I S L A N D S

ASPEN CREST: Shareholders' Final Meeting Set for April 8
BMB COMIT: Shareholders' Final Meeting Set for April 16
CALEDONIAN BANK: U.S. Court Recognizes Cayman Proceedings
D&P INVESTMENT: Shareholders' Final Meeting Set for April 20
DCM ASSET: Members' Final Meeting Set for April 15

DELOITTE CARIBBEAN: Shareholders' Final Meeting Set for April 17
EMEA CAPITAL: Shareholders' Final Meeting Set for April 30
HARVEST SS: Shareholder to Hear Wind-Up Report on April 7
HBM EMERGING: Shareholders Receive Wind-Up Report
HBM PARTNERS: Shareholders Receive Wind-Up Report

LIPPO ASM: Shareholders' Final Meeting Set for April 7
ORYX NATURAL: Shareholders' Final Meeting Set for April 1
PCA INTERNATIONAL: Shareholders' Final Meeting Set for April 8
SO FINANCE: Shareholders Receive Wind-Up Report


G U A T E M A L A

BANCO INDUSTRIAL: S&P Affirms 'BB' LT ICR; Outlook Remains Stable


M E X I C O

GRUMA: S&P Raises CCR to 'BBB-' from 'BB+'; Outlook Stable


P E R U

PERU: Southern Copper Cancels Project Over "Anti-Mining Terrorism"


P U E R T O    R I C O

ALONSO & CARUS: Voluntary Chapter 11 Case Summary
ALONSO & CARUS: Wants to Hire Carrasquillo as Financial Consultant
MANTECADOS WOMETCO: Case Summary & 13 Largest Unsecured Creditors
MASTER AGGREGATES: Court Extends Plan Filing Deadline to June 11
MEDICURE INC: Grants 236,670 Options to Insiders

MINI MASTER: Taps Jesus Nieves to Audit Empresas' 1165(E) Plan
SAN JUAN RESORT: Trustee Protests Carrasquillo as Fin'l Consultant
TRIPLE A&R CAPITAL: Court Affirms Lifting of Stay as to PRLP 2011
WOMETCO DE PUERTO RICO: Voluntary Chapter 11 Case Summary


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


LIAT: CEO David Evans Must Go, Prime Minister Says
--------------------------------------------------
The Daily Observer reports that Prime Minister of Antigua &
Barbuda Gaston Browne has effectively called for the resignation
of the Chief Executive Officer of LIAT, operating as Leeward
Islands Air Transport, David Evans.

The leader of the second largest shareholder government made the
call on the government -- aligned media house, in response to
plans, reportedly, by the management of the airline to dissolve
the carrier, according to The Daily Observer.

"I certainly will be calling in Mr. Evans very shortly to discuss
with him exactly where that plan emanated from," the report quoted
Mr. Browne as saying.

"He needs to tell me, as the prime minister of this country and
the prime minister of a shareholding government where that plan
emanated from, and if it is that he hatched that plan on his own,
you can be assured that as prime minister of this country, that as
a shareholder of LIAT, that I will be asking for his resignation,"
Mr. Browne said, the report notes.

The report discloses that Mr. Browne said cash-strapped LIAT's
struggles have existed for decades and that fault for its dismal
state lies squarely at the feet of its directors, who he believes
should step down as well.

"We accept that there are legacy issues and that they should be
fixed," Mr. Browne said, the report relays.

". . . . The current board of directors, including Mr. Evans,
undertook to fix those legacy issues.  So, if it is that they
can't handle the job, then they ought to resign," Mr. Browne said,
the report notes.

Mr. Browne added that from his understanding the board of
directors "practically tripled" the losses at LIAT, the report
relays.  Mr. Browne further called for the board to give an
account of their stewardship (and) the resulting failure to make
LIAT profitable, the report notes.

The Daily Observer obtained a copy of the proposal which detailed
the dissolution of LIAT and the creation of a new airline company
based in Barbados.  Barbados would reportedly return all its
shares in LIAT in exchange for five of the company's ATRs to start
the new airline, tentatively called Newco, the report adds.

                           About LIAT

LIAT, operating as Leeward Islands Air Transport, is an airline
headquartered on the grounds of V. C. Bird International Airport
in Antigua.  It operates high-frequency inter-island scheduled
services serving 21 destinations in the Caribbean.  The airline's
main base is VC Bird International Airport, Antigua and Barbuda,
with bases at Grantley Adams International Airport, Barbados and
Piarco International Airport, Trinidad and Tobago.

                         *     *     *

As reported in the Troubled Company Reporter-Latin America on
Dec. 2, 2014, Caribbean360.com said that chairman of the
shareholder governments of the financially troubled regional
airline, LIAT, operating as Leeward Islands Air Transport, Dr.
Ralph Gonsalves said while he is unaware of the details regarding
any possible retrenchment of employees, the airline needs to deal
with its high cost of operations.

The TCR-LA on March 10, 2014, citing Caribbean360.com, reported
that LIAT said it will take "decisive action" to deal with
unprofitable routes as the Antigua-based airline seeks to make its
operations financially viable.

On Sept. 23, 2013, the TCRLA, citing Trinidad and Tobago Newsday,
reported that there's much upheaval at the highest levels of LIAT
-- the Board and the Executive. Following the sudden resignation
of Chief Executive Officer Captain Ian Brunton, David Evans
replaced Mr. Brunton as chief executive officer.



=============
B A H A M A S
=============


COLUMBUS INT'L: More Progress Towards Approval of Merger With CWC
-----------------------------------------------------------------
RJR News reports that another hurdle has reportedly been cleared
in the Cable & Wireless Communications and Flow merger.

According to the Trinidad & Tobago Express newspaper, the
Telecommunications Authority of Trinidad and Tobago (TATT) has
given Cable & Wireless Communications (CWC) the green light to
sell its 49% stake in telephone and internet service provider
TSTT, reports RJR News.  This decision was made at a board meeting
on March 25.

The report adds that Digicel Trinidad & Tobago had called for
regulators in the twin-island republic to insist that CWC show
binding agreements to sell its stake in TSTT before approving the
merger of LIME and Flow in that country.

This development now clears the way for CWC to complete its US$3
billion acquisition of Flow's parent, Columbus International, the
report notes.

The TATT said Columbus and CWC provided sufficient assurance that
appropriate measures will be put in place for the merger, the
report relates.  This, it said, will mitigate any anti-competitive
or adverse effects.

During its board meeting last month, the TATT raised concern about
the possible impact the acquisition would have on competition in
the telecommunication sector, the report notes.

The merger has been held up by the lack of regulatory approval in
Barbados and Trinidad & Tobago, the report relays.

To date, only Jamaica and Antigua-Barbuda have given approval, the
report adds.

                     About Columbus International

Columbus International Inc. is a privately held diversified
telecommunications company based in Bahamas.  The Company provides
digital cable television, broadband Internet and digital landline
telephony in Trinidad, Jamaica, Barbados, Grenada, St. Vincent &
the Grenadines, St. Lucia and Curacao under the brand name Flow
and in Antigua under the brand name Karib Cable.

As reported in the Troubled Company Reporter-Latin America on Nov.
10, 2014, Standard & Poor's Ratings Services placed its 'B'
corporate credit and issue-level ratings on Columbus International
Inc. (Columbus) on CreditWatch with positive implications.


=============
B O L I V I A
=============


* BOLIVIA: To Export Liquefied Petroleum Gas to Brazil
------------------------------------------------------
EFE News reports that Bolivia plans to start exporting liquefied
petroleum gas (LPG) to Brazil soon and is already selling the fuel
to Uruguay, Paraguay and Peru, President Evo Morales said.

The Andean country will sign an agreement with Brazil covering the
sale of LPG at international market prices, the president said in
a press conference, according to EFE News.

The report notes that Mr. Morales said he was hopeful that Bolivia
would become an energy center in South America and planned to ink
an agreement with Argentina on nuclear energy.

The new LPG market will be supplied by the plant in the southern
province of Gran Chaco, with production starting at 1,000 metric
tons per day and rising to 3,000 metric tons per day, Mr. Morales
said, the report notes.

The plant in Gran Chaco, built by Spain's Tecnicas Reunidas,
separates the liquids from the natural gas exported to Argentina
so they can be processed into LPG, commonly known as propane, the
report relays.

The plant is currently in the test phase.

Bolivia exports about 30 million cubic meters per day of natural
gas to Brazil, the report discloses.

Uruguay has expressed interest in importing liquefied natural gas
(LNG) from Bolivia, Mr. Morales said, the report relays.

Bolivian and Argentine officials signed an agreement in Buenos
Aires for the development of peaceful nuclear energy projects in
Bolivia, the report adds.


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


CIMENTO TUPI: S&P Lowers CCR to 'CCC'; Outlook Negative
-------------------------------------------------------
Standard & Poor's Ratings Services lowered its global scale
corporate credit and issue-level ratings on Cimento Tupi S.A. to
'CCC' from 'B-'.  S&P also lowered the national scale rating to
'brCCC' from 'brB-'.  The outlook remains negative.

The downgrade reflects Cimento Tupi's heavy reliance on positive
developments, such as refinancing or assets sales, to withstand
interest burden and debt maturities for the next 12 months.  In
addition, the company's fragile balance sheet, Brazil's weak
economy, and the real's devaluation--which affects close to 75% of
Cimento Tupi's total debt -- will take a toll on cash flow
generation during 2015.

Cimento Tupi's still limited scope of operations in a highly
competitive industry continues to constrain the company's business
risk profile.  However, Tupi has a well-known brand in the
regional markets, and S&P expects high efficiency from the single-
facility production, which should mitigate the risk arising from
difficult conditions Brazil's cement sector.

S&P revised its assessment on Cimento Tupi's liquidity to "weak"
from "less than adequate."  Despite its cash reserves and S&P's
expectations of cash flow generation of about R$45 million for
2015, S&P believes the company's liquidity sources over uses will
be less than 0.8x for the next two years.  Such low ratio
increases Cimento Tupi's refinancing needs.  S&P also expects the
company to breach the leverage incurrence covenants for its
outstanding bonds and some bank loans during 2015, which limits
its ability to absorb high-impact, low-probability events.


DESENVIX ENERGIAS: Moody's Affirms 'B1/Baa1.br' CFR
---------------------------------------------------
Moody's America Latina Ltda affirmed Desenvix Energias Renovaveis
S.A. (Desenvix)'s B1/Baa1.br corporate family ratings and at the
same time affirmed the B2/Baa3.br ratings on the 4-year BRL 100
million amortizing debentures issued by Desenvix that mature on
Dec. 12, 2016. Moody's also changed the outlook to developing from
negative.

The B1/Baa1.br corporate family ratings reflect the expertise of
the company's management in the construction and operation of
small hydropower plants and the relatively stable and predictable
cash flows based on long-term energy supply contracts signed in
the regulated market. The adequate level of the company's
corporate governance, backed up by a shareholding agreement among
its three existing shareholders, and the company's ability to
secure long-term debt for most of its power projects, further
support the ratings. The relatively short span of Desenvix'
operating history as a holding company for power assets, the
company's current weak credit metrics that map to the low end of
the B rating category coupled with inadequate liquidity constrain
the ratings as does the additional energy acquisition costs
associated with the company's exposure to the spot market.

The change of the outlook to developing from negative reflects the
pending change in the company's shareholding structure as
announced by Desenvix on February 12, 2015. In the new structure,
Statkraft Investimentos Ltda (unrated), a Brazilian subsidiary of
Norwegian power generator Statkraft AS (Baa1 stable), will acquire
all shares of Desenvix held by Jackson Empreendimentos S.A.
(unrated). Norwegian Statkraft will become Desenvix's major
shareholder with 81.3% of its capital, up from their current 44.5%
share.

The acquisition of the Desenvix shares is conditional upon
approvals by the Brazilian Electricity Regulatory Agency, the
Brazilian Antitrust Agency and certain creditors of the company.
Statkraft's more robust financial standing is expected to allow
for an improvement in Desenvix's capital structure, either
potentially through increased capitalization and/or greater access
to the capital and banking markets as a majority owned subsidiary.

Moody's would consider stabilizing the outlook if Statkraft is
successful in changing Desenvix's shareholding structure as
envisaged in the agreement signed by Statkraft and Jackson
Empreeedimentos.

Moody's would consider a downgrade rating action if Desenvix does
not improve its liquidity position either by securing timely and
adequate long-term funding for its current projects or by
obtaining new financial resources either from divesting some of
its existing operations or securing some additional equity.
Quantitatively, Moody's would consider a downgrade if Desenvix's
consolidated CFO Pre-WC over debt ratio falls below 5% and the
interest coverage ratio stays lower than 1.5x for a prolonged
period.

There could be pressure for an upgrade rating action should the
company materially improve its liquidity position and post
stronger credit metrics so that CFO before changes in working
capital to debt becomes higher than 8% and interest coverage stays
above 2.0x on a sustainable basis.

Desenvix Energias Renovaveis S.A is a holding company controlled
through a shareholding agreement between Jackson Empreendimentos
Ltda (not rated) through the equity fund FIP Cevix, with 36.8% of
Desenvix's voting and total capital; Statkraft Investimentos Ltda,
which holds 44.5% of the company's voting and total capital; and
FUNCEF, which holds the remaining 18.7% of the company's voting
and total capital. Statkraft Investimentos Ltda. is a holding
company controlled by two Norwegian companies Statkraft (60%;
Baa1, stable) and Norfund (40%; not rated).

Desenvix holds interests in 15 power plants with a total installed
capacity of 349 MW consisting of 10 small and medium sized hydro-
power plants, one biomass plant and four wind power plants. In
addition, Desenvix holds a 25.5% interest in two transmission
projects covering 511 kilometers of transmission lines. Desenvix
also renders O&M services to power plants and electric systems
through its subsidiary ENEX O&M de Sistemas El‚tricos Ltda.



PETROLEO BRASILEIRO: No 'Grand Bargain' With Builders in Scandal
----------------------------------------------------------------
Anthony Boadle at Reuters reports that President Dilma Rousseff's
government denied that it is looking to strike a "grand bargain"
with Brazilian construction and engineering firms implicated in
the kickback scandal at state-run oil company Petroleo Brasileiro
S.A. (Petrobras).

With Brazil facing recession, the government is keen to limit
economic fallout by reaching leniency deals with some of the 24
companies under investigation that have halted projects and laid
off workers after Petrobras stopped paying them, according to
Reuters.

Some of those companies, which include the country's top builders,
were pressing the government and judiciary to strike a "grand
bargain" to minimize the legal fallout, the report notes.

But, prosecutors say such leniency deals will hinder criminal
investigations to punish corrupt executives who allegedly paid
billions of dollars in bribes siphoned off overpriced contracts
with Petroleo Brasileiro SA, as the oil company is formally
called, the report relates.

"There is no such big agreement," Brazil's solicitor general Luis
Inacio Adams said at a congressional hearing.

Brazil's comptroller General Valdir Simao said four of the 24
companies have proposed negotiating deals with his office, known
as the CGU, the report notes.  They are OAS, Galvao Engenharia,
Engevix and SOG Oleo e Gas, the report relates.

One foreign company involved in the bribery scandal, Dutch oil
platform leasing firm SBM Offshore NV, said it had agreed on a
framework for an accord with the CGU, the report discloses.

Like the Brazilian firms, SBM cannot bid for contracts with
Petrobras while it is under investigation, the report notes.

To reach a settlement with the CGU, the companies must admit
wrongdoing, provide information to the ongoing investigations,
repay the damage and establish programs for compliance with
Brazil's new anti-corruption law, the report relays.

The report says Solicitor General Adams told reporters the deals
would not obstruct criminal investigations and would instead
provide prosecutors with new information.

The government defends the deals as the best way to get the
companies to return the proceeds of corruption to Petrobras or
state coffers, the report notes.

The report adds that Mr. Adams said the government is waiting for
Petrobras to report its delayed fourth quarter audited results to
set a floor for the amount of restitution it will seek under the
leniency deals.

Petrobras, which is scrambling to estimate how much corruption
reduced the stated value of its assets, said it plans to release
the results by the end of April, notes the report.  Unaudited
results released by Petrobras in January pointed to a possible net
writedown for corruption-related losses of BRL61.4 billion ($19.2
billion).

                  About Petroleo Brasileiro

Based in Rio de Janeiro, Brazil, Petroleo Brasileiro S.A. --
Petrobras (Brazilian Petroleum Corporation) -- explores for oil
and gas and it produces, refines, purchases, and transports oil
and gas products.  The Company has proved reserves of about 14.1
billion barrels of oil equivalent and operates 16 refineries, an
extensive pipeline network, and more than 8,000 gas stations.

                       *     *     *


As reported in the Troubled Company Reporter-Latin America on
March 12, 2015, the corruption investigation into Petroleo
Brasileiro S.A. (Petrobras) will negatively affect parts of the
public and private sectors, but government support for the company
is likely to help contain the credit-negative impact, says a
report from Moody's Investors Service.

TCLRA reported on March 6, 2015, the deepening investigation into
an alleged kickback scheme at Petroleo Brasileiro SA (Petrobras)
has triggered concerns for the Brazilian banks with exposures not
only to the state-controlled oil company, but also to its large
base of suppliers, as well as the broader oil and gas (O&G) and
construction industries, according to a new report from Moody's
Investors Service.


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


ASPEN CREST: Shareholders' Final Meeting Set for April 8
--------------------------------------------------------
The shareholders of Aspen Crest Partners Ltd will hold their final
meeting on April 8, 2015, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

          Lee Yu Chuan
          8B Pinecrest, 65 Repulse Bay Road
          Repulse Bay
          Hong Kong


BMB COMIT: Shareholders' Final Meeting Set for April 16
-------------------------------------------------------
The shareholders of BMB Comit VIII LDC will hold their final
meeting on April 16, 2015, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

          Christopher Rowland
          c/o Trudy-Ann Scott
          Fund Solution Services Limited
          Telephone: +1 (345) 947 5855


CALEDONIAN BANK: U.S. Court Recognizes Cayman Proceedings
---------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
entered an order recognizing Caledonian Bank Limited's liquidation
proceedings pending before the Grand Court of the Cayman Islands
as a "foreign main proceeding" pursuant to Section 1517 of the
Bankruptcy Code.

Cole Schotz P.C., on behalf of certain depositors of CSL, filed a
limited objection.  The Cole Schotz Clients asked for a revision
to the proposed order to contain an additional paragraph that
expressly clarifies that neither the Chapter 15 proceeding nor the
recognition order implicate or in any way affect any securities
held by the Cole Schotz Clients at CSL.

Saad Investments Finance Co., (No. 5) Ltd. (in liquidation) also
filed a limited objection to the proposed Chapter 15 recognition
order, stating that the proposed order would potentially allow for
the immediate turnover of the Foreign Debtor's united States
Property to the Petitioners in the Cayman Islands before a
determination has been made as to what constitutes the Foreign
Debtor's "United States property."

The Debtor replied to the limited objection of SIFCO5 relating
that they believe that SIFCO5 has absolutely no interest in the
Debtor's assets located in the United States and therefore has no
basis to object to the Petitioners' request for recognition or to
the relief requested under Section 1521(b) of the Bankruptcy Code.

SIFCO5 is represented by:

        HOLLAND & KNIGHT LLP
        31 West 52nd Street
        New York, NY 1019
        Tel: (212) 513-3200
        Fax: (212) 385-9010

The Depositors are represented by:

         Michael D. Sirota, Esq.
         Ilana Volkov, Esq.
         COLE SCHOTZ P.C.
         900 Third Avenue, 16th Floor
         New York, NY 10022
         Tel: (212) 752-8000
         Fax: (212) 752-8393

               - and -

         Michael D. Warner, Esq.
         COLE SCHOTZ P.C.
         301 Commerce Street, Suite 1700
         Fort Worth, TX 76102
         Tel: (817) 810-5250
         Fax: (817) 810-5255

                       About Caledonian Bank

Caledonian Bank Limited is a wholly-owned subsidiary of Caledonian
Global Financial Services, Inc., a well-known specialized
financial services provider in the Cayman Islands.  Caledonian
Bank was incorporated in the Cayman Islands in 2007, and its
registered office and headquarters is located in Georgetown, Grand
Cayman, Cayman Islands.

On Feb. 10, 2015, the sole shareholder of the Debtor, CGFSI,
passed resolutions placing the Debtor into voluntary liquidation
under the Companies Law (2013 Revision) and appointing Gordon
MacRae and Eleanor Fisher of Zolfo Cooper (Cayman) Limited as the
joint voluntary liquidators ("JVLs") of Caledonian Bank.

On Feb. 11, 2015, the JVLs filed a petition with the Cayman Court
seeking, among other relief, court authorization to control the
affairs of, and court supervised liquidation of, the Debtor.

Keiran Hutchison and Claire Loebell of Ernst & Young Ltd., as the
joint controllers ("Petitioners"), filed a Chapter 15 petition
(Bankr. S.D.N.Y. Case No. 15-10324) for Caledonian Bank Limited in

Manhattan in the United States on Feb. 16, 2015.  The case is
assigned to Judge Martin Glenn.

As of Jan. 31, 2015, Caledonian Bank had assets of $585 million,
$388 million of which was cash on deposit with other financial
institutions or liquid fixed income investments, and liabilities
of $560 million, $520 million of which was repayable to depositors
on demand.

Geoffrey T. Raicht, Esq., at Proskauer Rose LLP, serves as counsel
in the U.S. case.

Caledonian Bank estimated $500 million to $1 billion in assets and
debt.


D&P INVESTMENT: Shareholders' Final Meeting Set for April 20
------------------------------------------------------------
The shareholders of D&P Investment Management Advisors will hold
their final meeting on April 20, 2015, to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The company's liquidator is:

          Charalambos Michaelides
          Harneys Services (Cayman) Limited
          Telephone: (345) 949 8599
          Facsimile: (345) 949 4451
          Harbour Place, 4th Floor
          103 South Church Street
          P.O. Box 10240 Grand Cayman KY1-1002
          Cayman Islands


DCM ASSET: Members' Final Meeting Set for April 15
--------------------------------------------------
The members of DCM Asset Allocation Funds Ltd. will hold their
final meeting on April 15, 2015, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

          Dimension Capital Management LLC
          H&J Corporate Services (Cayman) Ltd
          Willow House, 2nd Floor
          Cricket Square, Grand Cayman
          Cayman Islands
          Telephone: +1 (305) 371-2776


DELOITTE CARIBBEAN: Shareholders' Final Meeting Set for April 17
----------------------------------------------------------------
The shareholders of Deloitte Caribbean And Bermuda Limited will
hold their final meeting on April 17, 2015, at 10:00 a.m., to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Stuart Sybersma
          c/o Grant Hiley
          Deloitte & Touche
          Citrus Grove Building, 4th Floor
          Goring Avenue, George Town KY1-1109
          Cayman Islands
          Telephone: +1 (345) 814 2353
          Facsimile: +1 (345) 949 8258
          e-mail: granthiley@deloitte.com


EMEA CAPITAL: Shareholders' Final Meeting Set for April 30
----------------------------------------------------------
The shareholders of Emea Capital Global Income Master Fund Limited
will hold their final meeting on April 30, 2015, at 4:00 p.m., to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Nicola Cowan
          DMS Corporate Services Ltd
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands


HARVEST SS: Shareholder to Hear Wind-Up Report on April 7
---------------------------------------------------------
The shareholder of Harvest SS Ltd will hear on April 7, 2015, at
9:00 a.m., the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Ogier
          c/o Justin Savage
          89 Nexus Way, Camana Bay
          Grand Cayman KY1-9007
          Cayman Islands
          Telephone: (345) 815 1816
          Facsimile: (345) 949-9877


HBM EMERGING: Shareholders Receive Wind-Up Report
-------------------------------------------------
The shareholders of HBM Emerging Markets Limited received on
March 30, 2015, the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          HMS Cayman Limited
          10 Market Street, Suite 140
          Camana Bay Grand Cayman KY1-9006
          Cayman Islands


HBM PARTNERS: Shareholders Receive Wind-Up Report
-------------------------------------------------
The shareholders of HBM Partners (Cayman) Ltd. received on
March 30, 2015, the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          HMS Cayman Limited
          10 Market Street, Suite 140
          Camana Bay Grand Cayman KY1-9006
          Cayman Islands


LIPPO ASM: Shareholders' Final Meeting Set for April 7
------------------------------------------------------
The shareholders of Lippo ASM Investment Management Limited will
hold their final meeting on April 7, 2015, at 9:00 a.m., to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Richard Fear
          c/o Ryan Charles
          Telephone: (345) 814 7364
          Facsimile: (345) 945 3902
          P.O. Box 2681 Grand Cayman KY1-1111
          Cayman Islands


ORYX NATURAL: Shareholders' Final Meeting Set for April 1
---------------------------------------------------------
The shareholders of Oryx Natural Resources will hold their final
meeting on April 1, 2015, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

          Hugh Dickson
          c/o Andrea Richards
          10 Market Street #765, Camana Bay
          Grand Cayman KY1 9006
          Cayman Islands
          Telephone: (345) 949 7100
          Facsimile: (345) 949 7120


PCA INTERNATIONAL: Shareholders' Final Meeting Set for April 8
--------------------------------------------------------------
The shareholders of PCA International Funds SPC will hold their
final meeting on April 8, 2015, at 11:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

          Stuart Sybersma
          c/o Yvonne Lorimer
          Deloitte & Touche
          Citrus Grove Building, 4th Floor
          Goring Avenue, George Town KY1-1109
          Cayman Islands
          Telephone: +1 (345) 814 2214
          Facsimile: +1 (345) 949 8258


SO FINANCE: Shareholders Receive Wind-Up Report
-----------------------------------------------
The shareholders of So Finance (Cayman) Ltd. received on April 30,
2015, the liquidator's report on the company's wind-up proceedings
and property disposal.

The company's liquidator is:

          Nicola Cowan
          DMS Corporate Services Ltd
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands

=================
G U A T E M A L A
=================

BANCO INDUSTRIAL: S&P Affirms 'BB' LT ICR; Outlook Remains Stable
-----------------------------------------------------------------
Standard & Poor's Ratings Services affirmed its long- 'BB' and
short-term 'B' issuer credit ratings on Banco Industrial S.A.
(BI).  The stand-alone credit profile (SACP) remains at 'bb+'.
The outlook remains stable.

The ratings reflect BI's "strong" business position as the largest
bank in the country and S&P's expectation for a moderate risk-
adjusted capital (RAC) ratio as shareholders will likely boost the
bank's capital while BI increases its internal capital generation.
The ratings also reflect the bank's "moderate" risk position as a
result of a highly dollarized balance sheet with adequate asset
quality metrics and manageable credit losses.  The bank relies
primarily on customer deposits, resulting in "average" funding and
"adequate" liquidity ratios with manageable short term
obligations.  The ratings are limited to the ratings on the
Republic of Guatemala (foreign currency: BB/Stable/B; local
currency: BB+/Stable/B) because BI can't withstand S&P's stress
criteria for liquidity, considering the significant exposure that
the bank has in Guatemala.





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


GRUMA: S&P Raises CCR to 'BBB-' from 'BB+'; Outlook Stable
----------------------------------------------------------
Standard & Poor's Ratings Services raised its corporate credit and
debt ratings on Gruma to 'BBB-' from 'BB+'.  The outlook on the
corporate credit rating is stable.

The upgrade reflects Gruma's continued focus on improving its
profitability and reducing debt, which has led to a stronger-than-
expected financial performance.  On Dec. 10, 2014, the company
completed the sale of its wheat flour operations in Mexico, to
Grupo Trimex S.A. de C.V. for $260 million.  The company used the
proceeds to pay down debt, strengthening its key credit metrics
and overall financial performance.  In S&P's view, this also
reflects Gruma's focus on its core business with more profitable
and value-added products.  S&P expects Gruma will maintain a
moderate financial policy, which won't require external financing
to fund dividend payments and/or other investments.

S&P now assess Gruma's financial risk profile as "intermediate."
S&P expects the company to maintain a solid financial performance
in the next two years despite the somewhat capital-intensive
nature of the industry, Gruma's decision to restart paying
dividends in 2014, and S&P's expectation of some small
acquisitions, and no need of meaningful external funding.


=======
P E R U
=======


PERU: Southern Copper Cancels Project Over "Anti-Mining Terrorism"
------------------------------------------------------------------
EFE News reports that the Southern Copper Corp. has decided to
cancel its Tia Maria copper project in southern Peru because of
"anti-mining terrorism" in the area.

"After evaluating the complete politicization of the (Tambo)
Valley and the lack of decisiveness by the relevant authorities .
. . I'm here to announce the cancelation of the Tia Maria project
and the total withdrawal of our investment from the Arequipa
region," Southern Copper's spokesman in Peru, Julio Morriberon,
told RPP Noticias radio, according to EFE News.

The announcement will be made official by top management via the
"relevant procedures before the relevant agencies," the report
quoted Mr. Morriberon as saying.

"We've done our best as a company and as people to carry out a
project that was going to bring great benefits for Tambo and for
Peru," Mr. Morriberon added.

Southern Copper, a unit of Mexico City-based Grupo Mexico, had
been planning to invest some $1.2 billion in the construction of
Tia Maria, which has an estimated mine life of 18 years and had
been projected to produce 120,000 metric tons of copper cathodes
annually from the start of operations in 2016, the report notes.

The report discloses that the project had been halted for two
years after peasant protests in 2011 in the small town of Islay
left three dead and 44 wounded, and as a result the Peruvian
government did not award construction permits until the beginning
of this year.

The report relays that the government deployed 2,000 police to
contain a peasant protest against Tia Maria, where peasant
communities from the Tambo Valley launched an indefinite protest
to demand the cancelation of the mining project.

The report discloses that peasants in Islay blocked the main roads
in the region to express their rejection of the mine project.

The report notes that Mr. Morriberon blamed a violent minority for
what he described as "anti-mining terrorism" and said the vast
majority of residents are in favor of the project.  Mr. Morriberon
also criticized the government for not providing the necessary
security guarantees and support, the report notes.

Southern conducted a new environmental impact study, or EIA, after
the initial protests, according to Mr. Morriberon, who said it was
approved by authorities because it addressed all the observations
that had been made, including criticism about water use, the
report relates.

"We're not going to take water.  I live in the valley, I have
direct contact with the people.  In a survey, 67 percent were in
agreement with the project.  The problem is the issue has become
politicized," Mr. Morriberon said, the report notes.

The second EIA, approved in August 2014, contemplates the use of
desalinated seawater for the project.

The spokesman said that even though Southern Copper is exiting the
Arequipa region it will not return its 18-year concession for Tia
Maria to the government, the report adds.


======================
P U E R T O    R I C O
======================


ALONSO & CARUS: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Alonso & Carus Iron Works, Inc.
        PO Box 566
        Catano, PR 00936-0566

Case No.: 15-02250

Type of Business: Manufacturing, Metals/Mining

Chapter 11 Petition Date: March 27, 2015

Court: United States Bankruptcy Court
       District of Puerto Rico (Old San Juan)

Judge: Hon. Enrique S. Lamoutte Inclan

Debtor's Counsel: Charles Alfred Cuprill, Esq.
                  CHARLES A CUPRILL, PSC LAW OFFICE
                  356 Calle Fortaleza
                  Second Floor
                  San Juan, PR 00901
                  Tel: 787 977-0515
                  Email: cacuprill@cuprill.com

Debtor's
Financial
Consultant: CPA LUIS R. CARRASQUILLO & CO, PSC

Total Assets: $23 million

Total Liabilities: $14.9 million

The petition was signed by Eng. Jorge L. Ramos Viruet, president.

The Debtor did not include a list of its largest unsecured
creditors when it filed the petition.

A full-text copy of the petition is available at:

         http://bankrupt.com/misc/prb15-02250.pdf


ALONSO & CARUS: Wants to Hire Carrasquillo as Financial Consultant
------------------------------------------------------------------
Alonso & Carus Iwon Works, Inc., seeks bankruptcy court authority
to employ CPA Luis R. Carrasquillo & Co., P.S.C. as its financial
consultant to assist the Debtor's management in the financial
restructuring of its affairs by providing advice in strategic
planning and the preparation of the Debtor's plan of
reorganization, disclosure statement and business plan, and
participating in the Debtor's negotiations with creditors.

The Debtor has retained Carrasquillo on the basis of a $20,000
advance retainer, against which Carrasquillo will bill as per the
hourly billing rates.

The firm's standard billing rates are:

   Professional                 Position             Rate
   ------------                 --------             ----

  CPA Luis R. Carrasquillo   Partner                    $160
  CPA Marcelo Gutierrez      Senior CPA                $125
  Other CPA's Other CPA's                        $90 to $125
  Lionel Rodriguez Perez     Senior Accountant   $85
  Manuel R. Carlo Serra      Senior Accountant   $85
  Carmen Callejas Echevarria Senior Accountant   $80
  Alfredo J. Segarra         Senior Accountant   $75
  Janet Marrero              Administrative and
                             Support             $40
  Iris L. Franqui            Administrative and
                             Support             $40

Except that Carrasquillo has acted as financial consultant in
other bankruptcy cases in which Charles A. Cuprill, PSC Law
Offices, the Debtor's counsel, has or is representing debtors, and
that Carrasquillo has represented the Debtor previously with
financial consultation, Carrasquillo said it has no prior
connections with the Debtor, its officers, directors and insiders,
any creditor, or other party in interest, their respective
attorneys and accountants, the United States Trustee or any person
employed in the office of the United States Trustee.

Luis R. Carrasquillo Ruiz, a principal of CPA Luis R. Carrasquillo
& Co, P.S.C., assures the Court that he and the members of
Carrasquillo are disinterested persons, as defined in Section
101(14) of the Bankruptcy Code.

The firm can be reached at:

   CPA Luis R. Carrasquillo & Co, P.S.C.
   28th Street, #TI-26,
   Turabo Gardens, Avenue, Caguas
   Puerto Rico 00725
   Tel: 787-746-4555, 787-746-4556
   Fax: 787-746-4564

Alonso & Carus Iron Works, Inc. filed a Chapter 11 bankruptcy
petition (Bankr. D. P.R. Case No. 15-02250) on March 27, 2015.
Jorge L. Ramos Viruet signed the petition as president.
The Debtor disclosed total assets of $23 million and total
liabilities of $14.9 million.

Hon. Enrique S. Lamoutte Inclan presides over the case. Charles A
Cuprill, PSC Law Office, serves as the Debtor's counsel.


MANTECADOS WOMETCO: Case Summary & 13 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Mantecados Wometco, Inc.
        aka Baskin Robbins
        aka Dunkin Donuts
        PO Box 9044
        San Juan, PR 00908

Case No.: 15-02266

Nature of Business: Ice cream specialty shops

Chapter 11 Petition Date: March 27, 2015

Court: United States Bankruptcy Court
       District of Puerto Rico (Old San Juan)

Judge: Hon. Brian K. Tester

Debtor's Counsel: Charles Alfred Cuprill, Esq.
                  CHARLES A CURPILL, PSC LAW OFFICE
                  356 Calle Fortaleza, Second Floor
                  San Juan, PR 00901
                  Tel: 787 977-0515
                  Email: cacuprill@cuprill.com

Total Assets: $228,919

Total Liabilities: $2.86 million

The petition was signed by Michael, S. Brown, president.

A list of the Debtor's 13 largest unsecured creditors is available
for free at http://bankrupt.com/misc/prb15-02266.pdf


MASTER AGGREGATES: Court Extends Plan Filing Deadline to June 11
----------------------------------------------------------------
The Hon. Mildred Caban Flores of the U.S. Bankruptcy Court for the
District of Puerto Rico extended the exclusive periods of Mini
Master Concrete Services Inc. aka Master Aggregates to file a
Chapter 11 plan until June 11, 2015, and solicit acceptances from
creditors through and including April 27, 2015.

The Debtor said it needs an additional period of time to execute
and implement fundamental operational changes to provide
feasibility to its operations as well as to present the Court,
with a confirmable plan.

The Debtor told the Court that it has met its Chapter 11 operating
and reporting requirements.  The Debtor, together with its
advisors, have also worked with the Office of the United States
Trustee to provide requested information and comply with the
reporting requirements under the Bankruptcy Code and the
Bankruptcy Rules, according to court documents.

                   About Mini Master Concrete

Mini Master Concrete aka Mini Master aka Empresas Master filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 13-10302) on Dec. 11,
2013, in Old San Juan, Puerto Rico. Charles A. Cuprill, PSC Law
Office, also serves as counsel to Mini Master Concrete. The
petition was signed by Carmen Betancourt, president.

Affiliate Master Aggregates Toa Baja Corporation also filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 13-10305) in Old San
Juan, Puerto Rico on Dec. 11, 2013. The Debtor disclosed
$11,125,939 in assets and $10,148,437 in liabilities.


MEDICURE INC: Grants 236,670 Options to Insiders
------------------------------------------------
Medicure Inc. announced that its Board of Directors has approved
the grant of an aggregate of 236,070 options to certain directors,
officers, employees, management company employees and consultants
of the Company pursuant to the Company's Stock Option Plan. Of
these options, 181,070 are set to expire on the tenth anniversary
of the date of grant, 5,000 are set to expire on the third
anniversary of the date of grant and 50,000 are set to expire on
the first anniversary of the date of grant. All of the options
were issued at an exercise price of $1.90 per share. The options
are subject to the approval of the TSX Venture Exchange.

                      About Medicure Inc.

Based in Winnipeg, Manitoba, Canada, Medicure Inc. (TSX/NEX:
MPH.H) -- http://www.medicure.com/-- is a biopharmaceutical
company engaged in the research, development and commercialization
of human therapeutics. The Company has rights to the commercial
product, AGGRASTAT(R) Injection (tirofiban hydrochloride) in the
United States and its territories (Puerto Rico, U.S. Virgin
Islands, and Guam). AGGRASTAT(R), a glycoprotein GP IIb/IIIa
receptor antagonist, is used for the treatment of acute coronary
syndrome (ACS) including unstable angina, which is characterized
by chest pain when one is at rest, and non-Q-wave myocardial
infarction.

Medicure Inc. reported a net loss of C$1.63 million for the year
ended May 31, 2014, compared to a net loss of C$2.57 million for
the year ended May 31, 2013.

As of Aug. 31, 2014, the Company had C$5.60 million in total
assets, C$9.92 million in total liabilities and a C$4.32 million
total deficiency.

Ernst & Young LLP, issued a "going concern" qualification on the
consolidated financial statements for the year ended May 31, 2014.
The independent auditors noted that Medicure Inc. has experienced
losses and has accumulated a deficit of $128 million since
incorporation and has a working capital deficiency of $869,000 as
at May 31, 2014. These conditions, the auditors said, raise
substantial doubt about its ability to continue as a going
concern.


MINI MASTER: Taps Jesus Nieves to Audit Empresas' 1165(E) Plan
--------------------------------------------------------------
Mini Master Concrete Services Inc. asks the U.S. Bankruptcy Court
for the District of Puerto Rico for permission to employ Jesus
Mora Nieves, CPA, as auditor to conduct the audit of Empresas
Master Profit Sharing's 1165(E) Plan as of March 31, 2014, in
connection with its annual reporting obligation under the Employee
Retirement Income Act of 1974.

The firm will charge the Debtor between $3,400 and $3,600 for the
audit.

The Debtor assures the Court that the firm is a "disinterested
person" within the meaning of Section 101(14) of the Bankruptcy
Code.

Mr. Nieves can be reached at:

   Jesus Mora Nieves, CPA
   P.O. Box 367101
   San Juan, PR 00936-7101
   Tel: (787)612-5104
   Fax: (787)775-1294
   Email: jmmn23@gmail.com

                  About Mini Master Concrete

Mini Master Concrete aka Mini Master aka Empresas Master filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 13-10302) on Dec. 11,
2013, in Old San Juan, Puerto Rico. Charles A. Cuprill, PSC Law
Office, also serves as counsel to Mini Master Concrete. The
petition was signed by Carmen Betancourt, president.

Affiliate Master Aggregates Toa Baja Corporation also filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 13-10305) in Old San
Juan, Puerto Rico on Dec. 11, 2013. The Debtor disclosed
$15,279,612 in total assets, and $14,700,365 in total liabilities.

The Debtor selected Charles Alfred Cuprill, Esq., at Charles A
Cuprill, PSC Law Office, as its counsel.


SAN JUAN RESORT: Trustee Protests Carrasquillo as Fin'l Consultant
------------------------------------------------------------------
Guy G. Gebhardt, the U.S. Trustee for Region 21, asks the U.S.
Bankruptcy Court for the District of Puerto Rico to deny the
motion filed by San Juan Resort Owners Inc. to employ CPA Luis R.
Carrasquillo & Co. P.S.C. as financial consultant because the
Debtor's request is devoid of any information regarding Mr.
Carrasquillo and his staff's hourly billing rates or the proposed
compensation arrangement as required by the Federal Rule of
Bankruptcy Procedure 2014.

The U.S. Trustee adds Mr. Carrasquillo should explain why he
should be allowed to petition the Court for interim compensation
every 60 days, when he has already received a substantial retainer
in this case, in the amount of $25,000.

The firm was expected to provide the Debtor advice with regards to
strategic planning, preparation of amended schedules, disclosure
statement and plan, as well as negotiation with creditors.

                     About San Juan Resort

San Juan Resort Owners Inc. sought Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 15-01627) in Old San Juan,
Puerto Rico on March 5, 2015. The petition was signed by Luis A.
Carreras Perez as president. The Debtor is represented by William
M. Vidal, Esq., at William Vidal Carvajal Law Offices in San Juan,
Puerto Rico.

The Debtor disclosed total assets of $12.7 million and total
liabilities and $32.9 million as of the bankruptcy filing. The
Debtor owns a parcel of land of 1,637 square meters, with
commercial property known as the San Juan Beach Hotel, a 96-room
hotel. The hotel is located at 1045, Ashford Avenue, Condado, San
Juan, Puerto Rico. The company claims the property is worth $11
million based on appraised value. Banco Popular de Puerto Rico is
owed $17.5 million, of which $6.56 million is unsecured.


TRIPLE A&R CAPITAL: Court Affirms Lifting of Stay as to PRLP 2011
-----------------------------------------------------------------
Judge Jose Antonio Fuste of the U.S. District Court for the
District of Puerto Rico affirmed the ruling of the Bankruptcy
Court in the appellate case styled Triple A & R Capital
Investment, Inc. v. PRLP 2011 Holdings LLC, Case No. 14-1896
(JAF).

The Appellant appeals from an opinion and order by the Bankruptcy
Court granting the Appellee's motion for relief from stay under
Section 362 of the Bankruptcy Code.

On November 25, 2009, Banco Popular de Puerto Rico, now PRLP,
executed a "Forbearance and Amendment Agreement" with Triple A &
R, which provides that each Loan Party stipulates that, at the
Bank's option, the Bank will be entitled to an immediate and
absolute lifting of any automatic stay of the enforcement of
Bank's remedies under the agreement.

On August 5, 2014, Triple A & R and PRLP filed a joint stipulation
for interim use of cash collateral and adequate protection, which
included a ratification of all previous loan documents and
obligations. The next day, PRLP filed a motion for relief from
stay under Section 362, arguing, among other things, that Triple A
& R consented to the relief from stay as part of extended
negotiations through the prepetition execution of the forbearance
and amendment agreement, and that at the start of the bankruptcy
case, Triple A & R and PRLP had already entered into a consent
judgment rendered by the Puerto Rico Commonwealth Court.

On October 9, 2014, the Bankruptcy Court published an Opinion and
Order granting PRLP's motion to lift the stay.

A full-text copy of the Opinion and Order dated March 12, 2015, is
available at http://bit.ly/1IBaH0Sfrom Leagle.com.

The Appellant is represented by:

   Nicolas Anthony Wong-Young, Esq.
   CHARLES A. CUPRILL PSC LAW OFFICE
   356 Fortaleza Street, Second Floor
   San Juan, PR 00901
   Telephone: (787) 977-0515
   E-mail: nwong@cuprill.com

The Appellee is represented by:

   Luis C. Marini-Biaggi, Esq.
   Nayuan Zouairabani-Trinidad, Esq.
   O'NEILL & BORGES LLC
   American International Plaza
   250 Munoz Rivera Avenue, Suite 800
   San Juan, PR 00918-1813
   Telephone: (787) 764-8181
   Facsimile: (787) 753-8944
   E-mail: luis.marini@oneillborges.com
           nayuan.zouairabani@oneillborges.com

The U.S. Trustee is represented by:

   Monsita Lecaroz-Arribas, Esq.
   ASSISTANT UNITED STATES TRUSTEE
   OFFICE OF THE US TRUSTEE
   Edificio Ochoa
   500 Tanca Street, Suite 301
   San Juan, PR 00901-1922
   Telephone: (787) 729-7444
   E-mail: USTP.Region21@usdoj.gov

Triple A&R Capital Investment, Inc., aka Concordia Gardens
Shopping Center, based in San Juan, Puerto Rico, filed for Chapter
11 bankruptcy (Bankr. D.P.R. Case No. 14-04744) on June 9, 2014.
Charlez Alfred Cuprill, Esq., at Charles A Curpill, PSC Law Office
serves as the Debtor's counsel. In its petition, Triple A&R listed
total assets of $4.14 million and total liabilities of $3.87
million. The petition was signed by Luisette Cabanas Colon,
president. A list of the Debtor's 10 largest unsecured creditors
is available for free at http://bankrupt.com/misc/prb14-04744.pdf


WOMETCO DE PUERTO RICO: Voluntary Chapter 11 Case Summary
---------------------------------------------------------
Debtor: Wometco de Puerto Rico, Inc.
        aka Baskin Robbins
        aka Dunkin Donuts
        PO Box 9044
        San Juan, PR 00908

Case No.: 15-02264

Nature of Business: Ice cream specialty shops

Chapter 11 Petition Date: March 27, 2015

Court: United States Bankruptcy Court
       District of Puerto Rico (Old San Juan)

Judge: Hon. Edward A Godoy

Debtor's Counsel: Charles Alfred Cuprill, Esq.
                  CHARLES A CURPILL, PSC LAW OFFICE
                  356 Calle Fortaleza, Second Floor
                  San Juan, PR 00901
                  Tel: 787 977-0515
                  Email: cacuprill@cuprill.com

Total Assets: $5.6 million

Total Liabilities: $22.1 million

The petition was signed by Michael S. Brown, president.

The Debtor did not include a list of its largest unsecured
creditors when it filed the petition.

A copy of the petition is available for free at:

    http://bankrupt.com/misc/prb15-02264.pdf


=================
X 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        339244073      -561405847
AGRENCO LTD-BDR        AGEN33 BZ      339244073      -561405847
AGRENCO LTD-BDR        AGEN11 BZ      339244073      -561405847
ARTHUR LAN-DVD C       ARLA11 BZ     11642254.9     -17154460.3
ARTHUR LAN-DVD P       ARLA12 BZ     11642254.9     -17154460.3
ARTHUR LANGE           ARLA3 BZ      11642254.9     -17154460.3
ARTHUR LANGE SA        ALICON BZ     11642254.9     -17154460.3
ARTHUR LANGE-PRF       ARLA4 BZ      11642254.9     -17154460.3
ARTHUR LANGE-PRF       ALICPN BZ     11642254.9     -17154460.3
ARTHUR LANG-RC C       ARLA9 BZ      11642254.9     -17154460.3
ARTHUR LANG-RC P       ARLA10 BZ     11642254.9     -17154460.3
ARTHUR LANG-RT C       ARLA1 BZ      11642254.9     -17154460.3
ARTHUR LANG-RT P       ARLA2 BZ      11642254.9     -17154460.3
BALADARE               BLDR3 BZ       159449535     -52990723.7
BATTISTELLA            BTTL3 BZ       115297369       -19538107
BATTISTELLA-PREF       BTTL4 BZ       115297369       -19538107
BATTISTELLA-RECE       BTTL9 BZ       115297369       -19538107
BATTISTELLA-RECP       BTTL10 BZ      115297369       -19538107
BATTISTELLA-RI P       BTTL2 BZ       115297369       -19538107
BATTISTELLA-RIGH       BTTL1 BZ       115297369       -19538107
BOMBRIL                BMBBF US       309951278     -57714449.4
BOMBRIL                FPXE4 BZ      19416013.9      -489914853
BOMBRIL                BOBR3 BZ       309951278     -57714449.4
BOMBRIL - RTS          BOBR11 BZ      309951278     -57714449.4
BOMBRIL CIRIO SA       BOBRON BZ      309951278     -57714449.4
BOMBRIL CIRIO-PF       BOBRPN BZ      309951278     -57714449.4
BOMBRIL HOLDING        FPXE3 BZ      19416013.9      -489914853
BOMBRIL SA-ADR         BMBPY US       309951278     -57714449.4
BOMBRIL SA-ADR         BMBBY US       309951278     -57714449.4
BOMBRIL-PREF           BOBR4 BZ       309951278     -57714449.4
BOMBRIL-RGTS PRE       BOBR2 BZ       309951278     -57714449.4
BOMBRIL-RIGHTS         BOBR1 BZ       309951278     -57714449.4
BOTUCATU TEXTIL        STRP3 BZ      27663605.3     -7174512.12
BOTUCATU-PREF          STRP4 BZ      27663605.3     -7174512.12
BUETTNER               BUET3 BZ      95403660.1     -37550595.1
BUETTNER SA            BUETON BZ     95403660.1     -37550595.1
BUETTNER SA-PRF        BUETPN BZ     95403660.1     -37550595.1
BUETTNER SA-RT P       BUET2 BZ      95403660.1     -37550595.1
BUETTNER SA-RTS        BUET1 BZ      95403660.1     -37550595.1
BUETTNER-PREF          BUET4 BZ      95403660.1     -37550595.1
CAF BRASILIA           CAFE3 BZ       160933830      -149277092
CAF BRASILIA-PRF       CAFE4 BZ       160933830      -149277092
CAFE BRASILIA SA       CSBRON BZ      160933830      -149277092
CAFE BRASILIA-PR       CSBRPN BZ      160933830      -149277092
CAIUA ELEC-C RT        ELCA1 BZ      1029019993      -128321599
CAIUA SA               ELCON BZ      1029019993      -128321599
CAIUA SA-DVD CMN       ELCA11 BZ     1029019993      -128321599
CAIUA SA-DVD COM       ELCA12 BZ     1029019993      -128321599
CAIUA SA-PREF          ELCPN BZ      1029019993      -128321599
CAIUA SA-PRF A         ELCAN BZ      1029019993      -128321599
CAIUA SA-PRF A         ELCA5 BZ      1029019993      -128321599
CAIUA SA-PRF B         ELCA6 BZ      1029019993      -128321599
CAIUA SA-PRF B         ELCBN BZ      1029019993      -128321599
CAIUA SA-RCT PRF       ELCA10 BZ     1029019993      -128321599
CAIUA SA-RTS           ELCA2 BZ      1029019993      -128321599
CAIVA SERV DE EL       1315Z BZ      1029019993      -128321599
CELGPAR                GPAR3 BZ       202489694     -1054621126
CENTRAL COST-ADR       CCSA LI        271025064     -37667553.4
CENTRAL COSTAN-B       CRCBF US       271025064     -37667553.4
CENTRAL COSTAN-B       CNRBF US       271025064     -37667553.4
CENTRAL COSTAN-C       CECO3 AR       271025064     -37667553.4
CENTRAL COST-BLK       CECOB AR       271025064     -37667553.4
CIA PETROLIFERA        MRLM3 BZ       377592596      -3014215.1
CIA PETROLIFERA        MRLM3B BZ      377592596      -3014215.1
CIA PETROLIFERA        1CPMON BZ      377592596      -3014215.1
CIA PETROLIF-PRF       MRLM4 BZ       377592596      -3014215.1
CIA PETROLIF-PRF       MRLM4B BZ      377592596      -3014215.1
CIA PETROLIF-PRF       1CPMPN BZ      377592596      -3014215.1
CIMOB PARTIC SA        GAFP3 BZ      44047412.2     -45669964.1
CIMOB PARTIC SA        GAFON BZ      44047412.2     -45669964.1
CIMOB PART-PREF        GAFP4 BZ      44047412.2     -45669964.1
CIMOB PART-PREF        GAFPN BZ      44047412.2     -45669964.1
COBRASMA               CBMA3 BZ      73710194.2     -2330089496
COBRASMA SA            COBRON BZ     73710194.2     -2330089496
COBRASMA SA-PREF       COBRPN BZ     73710194.2     -2330089496
COBRASMA-PREF          CBMA4 BZ      73710194.2     -2330089496
D H B                  DHBI3 BZ       103378506      -180639480
D H B-PREF             DHBI4 BZ       103378506      -180639480
DHB IND E COM          DHBON BZ       103378506      -180639480
DHB IND E COM-PR       DHBPN BZ       103378506      -180639480
DOCA INVESTIMENT       DOCA3 BZ       187044412      -204249587
DOCA INVEST-PREF       DOCA4 BZ       187044412      -204249587
DOCAS SA               DOCAON BZ      187044412      -204249587
DOCAS SA-PREF          DOCAPN BZ      187044412      -204249587
DOCAS SA-RTS PRF       DOCA2 BZ       187044412      -204249587
EBX BRASIL SA          CTMN3 BZ      2670745328      -202996314
ELEC ARG SA-PREF       EASA6 AR       945325071     -56471446.1
ELEC ARGENT-ADR        EASA LX        945325071     -56471446.1
ELEC DE ARGE-ADR       1262Q US       945325071     -56471446.1
ELECTRICIDAD ARG       3447811Z AR    945325071     -56471446.1
ENDESA - RTS           CECOX AR       271025064     -37667553.4
ENDESA COST-ADR        CRCNY US       271025064     -37667553.4
ENDESA COSTAN-         CECO2 AR       271025064     -37667553.4
ENDESA COSTAN-         CECOD AR       271025064     -37667553.4
ENDESA COSTAN-         CECOC AR       271025064     -37667553.4
ENDESA COSTAN-         EDCFF US       271025064     -37667553.4
ENDESA COSTAN-A        CECO1 AR       271025064     -37667553.4
ESTRELA SA             ESTR3 BZ      76575881.3      -120012837
ESTRELA SA             ESTRON BZ     76575881.3      -120012837
ESTRELA SA-PREF        ESTR4 BZ      76575881.3      -120012837
ESTRELA SA-PREF        ESTRPN BZ     76575881.3      -120012837
F GUIMARAES            FGUI3 BZ      11016542.2      -151840378
F GUIMARAES-PREF       FGUI4 BZ      11016542.2      -151840378
FABRICA RENAUX         FTRX3 BZ      66603695.4     -76419246.3
FABRICA RENAUX         FRNXON BZ     66603695.4     -76419246.3
FABRICA RENAUX-P       FTRX4 BZ      66603695.4     -76419246.3
FABRICA RENAUX-P       FRNXPN BZ     66603695.4     -76419246.3
FABRICA TECID-RT       FTRX1 BZ      66603695.4     -76419246.3
FER HAGA-PREF          HAGA4 BZ      19848769.9     -38798309.5
FERRAGENS HAGA         HAGAON BZ     19848769.9     -38798309.5
FERRAGENS HAGA-P       HAGAPN BZ     19848769.9     -38798309.5
FERREIRA GUIMARA       FGUION BZ     11016542.2      -151840378
FERREIRA GUIM-PR       FGUIPN BZ     11016542.2      -151840378
GRADIENTE ELETR        IGBON BZ       346216965     -42013205.9
GRADIENTE EL-PRA       IGBAN BZ       346216965     -42013205.9
GRADIENTE EL-PRB       IGBBN BZ       346216965     -42013205.9
GRADIENTE EL-PRC       IGBCN BZ       346216965     -42013205.9
GRADIENTE-PREF A       IGBR5 BZ       346216965     -42013205.9
GRADIENTE-PREF B       IGBR6 BZ       346216965     -42013205.9
GRADIENTE-PREF C       IGBR7 BZ       346216965     -42013205.9
HAGA                   HAGA3 BZ      19848769.9     -38798309.5
HOTEIS OTHON SA        HOOT3 BZ       238958413     -22929896.5
HOTEIS OTHON SA        HOTHON BZ      238958413     -22929896.5
HOTEIS OTHON-PRF       HOOT4 BZ       238958413     -22929896.5
HOTEIS OTHON-PRF       HOTHPN BZ      238958413     -22929896.5
IGB ELETRONICA         IGBR3 BZ       346216965     -42013205.9
IGUACU CAFE            IGUA3 BZ       214061113     -63930746.9
IGUACU CAFE            IGCSON BZ      214061113     -63930746.9
IGUACU CAFE            IGUCF US       214061113     -63930746.9
IGUACU CAFE-PR A       IGUA5 BZ       214061113     -63930746.9
IGUACU CAFE-PR A       IGCSAN BZ      214061113     -63930746.9
IGUACU CAFE-PR A       IGUAF US       214061113     -63930746.9
IGUACU CAFE-PR B       IGUA6 BZ       214061113     -63930746.9
IGUACU CAFE-PR B       IGCSBN BZ      214061113     -63930746.9
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
INVERS ELEC BUEN       IEBAA AR       239575758     -28902145.8
INVERS ELEC BUEN       IEBAB AR       239575758     -28902145.8
INVERS ELEC BUEN       IEBA AR        239575758     -28902145.8
KARSTEN                CTKCF US       161482221     -4141092.01
KARSTEN                CTKON BZ       161482221     -4141092.01
KARSTEN SA             CTKA3 BZ       161482221     -4141092.01
KARSTEN SA - RCT       CTKA9 BZ       161482221     -4141092.01
KARSTEN SA - RCT       CTKA10 BZ      161482221     -4141092.01
KARSTEN SA - RTS       CTKA1 BZ       161482221     -4141092.01
KARSTEN SA - RTS       CTKA2 BZ       161482221     -4141092.01
KARSTEN-PREF           CTKPF US       161482221     -4141092.01
KARSTEN-PREF           CTKA4 BZ       161482221     -4141092.01
KARSTEN-PREF           CTKPN BZ       161482221     -4141092.01
LAEP INVES-BDR B       0163599D BZ    222902269      -255311026
LAEP INVESTMEN-B       0122427D LX    222902269      -255311026
LAEP INVESTMENTS       LEAP LX        222902269      -255311026
LAEP-BDR               MILK33 BZ      222902269      -255311026
LAEP-BDR               MILK11 BZ      222902269      -255311026
LOJAS ARAPUA           LOAR3 BZ      38857516.9     -3355978520
LOJAS ARAPUA           LOARON BZ     38857516.9     -3355978520
LOJAS ARAPUA-GDR       3429T US      38857516.9     -3355978520
LOJAS ARAPUA-GDR       LJPSF US      38857516.9     -3355978520
LOJAS ARAPUA-PRF       LOAR4 BZ      38857516.9     -3355978520
LOJAS ARAPUA-PRF       LOARPN BZ     38857516.9     -3355978520
LOJAS ARAPUA-PRF       52353Z US     38857516.9     -3355978520
LUPATECH SA            LUPA3 BZ       584100366      -304853641
LUPATECH SA            LUPTF US       584100366      -304853641
LUPATECH SA            LUPAF US       584100366      -304853641
LUPATECH SA            LUPTQ US       584100366      -304853641
LUPATECH SA -RCT       LUPA9 BZ       584100366      -304853641
LUPATECH SA-ADR        LUPAY US       584100366      -304853641
LUPATECH SA-ADR        LUPAQ US       584100366      -304853641
LUPATECH SA-RT         LUPA11 BZ      584100366      -304853641
LUPATECH SA-RTS        1041054D BZ    584100366      -304853641
LUPATECH SA-RTS        LUPA1 BZ       584100366      -304853641
MANGELS INDL           MGEL3 BZ       186096273       -50186882
MANGELS INDL SA        MISAON BZ      186096273       -50186882
MANGELS INDL-PRF       MGIRF US       186096273       -50186882
MANGELS INDL-PRF       MGEL4 BZ       186096273       -50186882
MANGELS INDL-PRF       MISAPN BZ      186096273       -50186882
MINUPAR                MNPR3 BZ      90210352.5      -117166643
MINUPAR SA             MNPRON BZ     90210352.5      -117166643
MINUPAR SA-PREF        MNPRPN BZ     90210352.5      -117166643
MINUPAR-PREF           MNPR4 BZ      90210352.5      -117166643
MINUPAR-RCT            9314634Q BZ   90210352.5      -117166643
MINUPAR-RCT            0599564D BZ   90210352.5      -117166643
MINUPAR-RCT            MNPR9 BZ      90210352.5      -117166643
MINUPAR-RT             9314542Q BZ   90210352.5      -117166643
MINUPAR-RT             0599562D BZ   90210352.5      -117166643
MINUPAR-RTS            MNPR1 BZ      90210352.5      -117166643
NORDON MET             NORD3 BZ      10859129.2     -33570700.5
NORDON METAL           NORDON BZ     10859129.2     -33570700.5
NORDON MET-RTS         NORD1 BZ      10859129.2     -33570700.5
NOVA AMERICA SA        NOVA3 BZ      21287488.9      -183535526
NOVA AMERICA SA        NOVA3B BZ     21287488.9      -183535526
NOVA AMERICA SA        NOVAON BZ     21287488.9      -183535526
NOVA AMERICA SA        1NOVON BZ     21287488.9      -183535526
NOVA AMERICA-PRF       NOVA4 BZ      21287488.9      -183535526
NOVA AMERICA-PRF       NOVA4B BZ     21287488.9      -183535526
NOVA AMERICA-PRF       NOVAPN BZ     21287488.9      -183535526
NOVA AMERICA-PRF       1NOVPN BZ     21287488.9      -183535526
OGX PETROLEO           CTCO3 BZ      2104841243     -4244633894
OLEO E GAS P-ADR       OGXPY US      2104841243     -4244633894
OLEO E GAS P-ADR       OGXPYEUR EO   2104841243     -4244633894
OLEO E GAS P-ADR       OGXPYEUR EU   2104841243     -4244633894
OLEO E GAS P-ADR       8OGB GR       2104841243     -4244633894
OLEO E GAS PART        OGXP3 BZ      2104841243     -4244633894
OLEO E GAS PART        OGXP5 BZ      2104841243     -4244633894
OLEO E GAS PART        OGXP6 BZ      2104841243     -4244633894
OLEO E GAS PART        OGXPF US      2104841243     -4244633894
OSX BRASIL - RTS       0701756D BZ   2670745328      -202996314
OSX BRASIL - RTS       0701757D BZ   2670745328      -202996314
OSX BRASIL - RTS       0812903D BZ   2670745328      -202996314
OSX BRASIL - RTS       0812904D BZ   2670745328      -202996314
OSX BRASIL - RTS       OSXB1 BZ      2670745328      -202996314
OSX BRASIL - RTS       OSXB9 BZ      2670745328      -202996314
OSX BRASIL SA          OSXB3 BZ      2670745328      -202996314
OSX BRASIL SA          EBXB3 BZ      2670745328      -202996314
OSX BRASIL SA          OSXRF US      2670745328      -202996314
OSX BRASIL S-GDR       OSXRY US      2670745328      -202996314
PADMA INDUSTRIA        LCSA4 BZ       388720096      -213641152
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
PETROLERA DEL CO       PSUR AR       70120174.9       -27864484
PILMAIQUEN             PILMAIQ CI     200140666     -20597929.7
PORTX OPERACOES        PRTX3 BZ       976769385     -9407990.18
PORTX OPERA-GDR        PXTPY US       976769385     -9407990.18
PUYEHUE                PUYEH CI      21553021.9     -5145184.07
PUYEHUE RIGHT          PUYEHUOS CI   21553021.9     -5145184.07
RECRUSUL               RCSL3 BZ      41395863.2     -21007926.7
RECRUSUL - RCT         4529789Q BZ   41395863.2     -21007926.7
RECRUSUL - RCT         4529793Q BZ   41395863.2     -21007926.7
RECRUSUL - RCT         0163582D BZ   41395863.2     -21007926.7
RECRUSUL - RCT         0163583D BZ   41395863.2     -21007926.7
RECRUSUL - RCT         0614675D BZ   41395863.2     -21007926.7
RECRUSUL - RCT         0614676D BZ   41395863.2     -21007926.7
RECRUSUL - RCT         RCSL10 BZ     41395863.2     -21007926.7
RECRUSUL - RT          4529781Q BZ   41395863.2     -21007926.7
RECRUSUL - RT          4529785Q BZ   41395863.2     -21007926.7
RECRUSUL - RT          0163579D BZ   41395863.2     -21007926.7
RECRUSUL - RT          0163580D BZ   41395863.2     -21007926.7
RECRUSUL - RT          0614673D BZ   41395863.2     -21007926.7
RECRUSUL - RT          0614674D BZ   41395863.2     -21007926.7
RECRUSUL SA            RESLON BZ     41395863.2     -21007926.7
RECRUSUL SA-PREF       RESLPN BZ     41395863.2     -21007926.7
RECRUSUL SA-RCT        RCSL9 BZ      41395863.2     -21007926.7
RECRUSUL SA-RTS        RCSL1 BZ      41395863.2     -21007926.7
RECRUSUL SA-RTS        RCSL2 BZ      41395863.2     -21007926.7
RECRUSUL-BON RT        RCSL11 BZ     41395863.2     -21007926.7
RECRUSUL-BON RT        RCSL12 BZ     41395863.2     -21007926.7
RECRUSUL-PREF          RCSL4 BZ      41395863.2     -21007926.7
REDE EMP ENE ELE       ELCA4 BZ      1029019993      -128321599
REDE EMP ENE ELE       ELCA3 BZ      1029019993      -128321599
REDE EMPRESAS-PR       REDE4 BZ      1029019993      -128321599
REDE ENERGIA SA        REDE3 BZ      1029019993      -128321599
REDE ENERGIA SA-       REDE2 BZ      1029019993      -128321599
REDE ENERGIA-RTS       REDE1 BZ      1029019993      -128321599
REDE ENERG-UNIT        REDE11 BZ     1029019993      -128321599
REDE ENER-RCT          3907731Q BZ   1029019993      -128321599
REDE ENER-RCT          REDE9 BZ      1029019993      -128321599
REDE ENER-RCT          REDE10 BZ     1029019993      -128321599
REDE ENER-RT           3907727Q BZ   1029019993      -128321599
REDE ENER-RT           1011624D BZ   1029019993      -128321599
REDE ENER-RT           1011625D BZ   1029019993      -128321599
RENAUXVIEW SA          TXRX3 BZ      54394844.4     -90675345.2
RENAUXVIEW SA-PF       TXRX4 BZ      54394844.4     -90675345.2
RIMET                  REEM3 BZ       103098359      -185417651
RIMET                  REEMON BZ      103098359      -185417651
RIMET-PREF             REEM4 BZ       103098359      -185417651
RIMET-PREF             REEMPN BZ      103098359      -185417651
SANESALTO              SNST3 BZ      20127540.6     -7418183.32
SANSUY                 SNSY3 BZ       188091749      -164364290
SANSUY SA              SNSYON BZ      188091749      -164364290
SANSUY SA-PREF A       SNSYAN BZ      188091749      -164364290
SANSUY SA-PREF B       SNSYBN BZ      188091749      -164364290
SANSUY-PREF A          SNSY5 BZ       188091749      -164364290
SANSUY-PREF B          SNSY6 BZ       188091749      -164364290
SCHLOSSER              SCLO3 BZ      51334306.9       -58463309
SCHLOSSER SA           SCHON BZ      51334306.9       -58463309
SCHLOSSER SA-PRF       SCHPN BZ      51334306.9       -58463309
SCHLOSSER-PREF         SCLO4 BZ      51334306.9       -58463309
SNIAFA SA              SNIA AR       11229696.2     -2670544.86
SNIAFA SA-B            SDAGF US      11229696.2     -2670544.86
SNIAFA SA-B            SNIA5 AR      11229696.2     -2670544.86
STAROUP SA             STARON BZ     27663605.3     -7174512.12
STAROUP SA-PREF        STARPN BZ     27663605.3     -7174512.12
TEC TOY SA-PF B        TOYB6 BZ      33401974.6     -468978.338
TEC TOY SA-PREF        TOYDF US      33401974.6     -468978.338
TEC TOY SA-PREF        TOYB5 BZ      33401974.6     -468978.338
TEC TOY-RCT            7335626Q BZ   33401974.6     -468978.338
TEC TOY-RCT            7335630Q BZ   33401974.6     -468978.338
TEC TOY-RCT            TOYB9 BZ      33401974.6     -468978.338
TEC TOY-RCT            TOYB10 BZ     33401974.6     -468978.338
TEC TOY-RT             7335610Q BZ   33401974.6     -468978.338
TEC TOY-RT             7335614Q BZ   33401974.6     -468978.338
TEC TOY-RT             TOYB1 BZ      33401974.6     -468978.338
TEC TOY-RT             TOYB2 BZ      33401974.6     -468978.338
TECTOY                 TOYB3 BZ      33401974.6     -468978.338
TECTOY                 TOYB13 BZ     33401974.6     -468978.338
TECTOY SA              TOYBON BZ     33401974.6     -468978.338
TECTOY SA-PREF         TOYBPN BZ     33401974.6     -468978.338
TECTOY-PF-RTS5/6       TOYB11 BZ     33401974.6     -468978.338
TECTOY-PREF            TOYB4 BZ      33401974.6     -468978.338
TECTOY-RCPT PF B       TOYB12 BZ     33401974.6     -468978.338
TEKA                   TKTQF US       367577608      -421708949
TEKA                   TEKA3 BZ       367577608      -421708949
TEKA                   TEKAON BZ      367577608      -421708949
TEKA-ADR               TEKAY US       367577608      -421708949
TEKA-ADR               TKTPY US       367577608      -421708949
TEKA-ADR               TKTQY US       367577608      -421708949
TEKA-PREF              TKTPF US       367577608      -421708949
TEKA-PREF              TEKA4 BZ       367577608      -421708949
TEKA-PREF              TEKAPN BZ      367577608      -421708949
TEKA-RCT               TEKA9 BZ       367577608      -421708949
TEKA-RCT               TEKA10 BZ      367577608      -421708949
TEKA-RTS               TEKA1 BZ       367577608      -421708949
TEKA-RTS               TEKA2 BZ       367577608      -421708949
TEXTEIS RENA-RCT       TXRX9 BZ      54394844.4     -90675345.2
TEXTEIS RENA-RCT       TXRX10 BZ     54394844.4     -90675345.2
TEXTEIS RENAU-RT       TXRX1 BZ      54394844.4     -90675345.2
TEXTEIS RENAU-RT       TXRX2 BZ      54394844.4     -90675345.2
TEXTEIS RENAUX         RENXON BZ     54394844.4     -90675345.2
TEXTEIS RENAUX         RENXPN BZ     54394844.4     -90675345.2
VARIG PART EM SE       VPSC3 BZ        83017828      -495721697
VARIG PART EM TR       VPTA3 BZ      49432119.3      -399290357
VARIG PART EM-PR       VPTA4 BZ      49432119.3      -399290357
VARIG PART EM-PR       VPSC4 BZ        83017828      -495721697
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      97509409.1     -4549842.72
WETZEL SA              MWELON BZ     97509409.1     -4549842.72
WETZEL SA-PREF         MWET4 BZ      97509409.1     -4549842.72
WETZEL SA-PREF         MWELPN BZ     97509409.1     -4549842.72
WIEST                  WISA3 BZ      34107195.1      -126993682
WIEST SA               WISAON BZ     34107195.1      -126993682
WIEST SA-PREF          WISAPN BZ     34107195.1      -126993682
WIEST-PREF             WISA4 BZ      34107195.1      -126993682


                            ***********


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.

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, Julie Anne L. Toledo, and Peter A.
Chapman, Editors.

Copyright 2015.  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
202-362-8552.


                   * * * End of Transmission * * *