TCRLA_Public/160418.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

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

            Monday, April 18, 2016, Vol. 17, No. 75


                            Headlines



B A H A M A S

BAICO: Shortfall Will Cost Taxpayers Tens of Millions, Says KPMG


C A Y M A N  I S L A N D S

ALPS REAL: Sole Member to Hear Wind-Up Report on May 13
ANASAZI SYSTEMATIC: Members to Hear Wind-Up Report on April 28
ANGLO ASIA: Sole Member to Hear Wind-Up Report on May 10
CHEYNE DISCOVERY: Shareholders to Hear Wind-Up Report on May 2
ENERGON PHIL: Shareholder to Hear Wind-Up Report on April 26

FARNDALE INVESTMENTS: Sole Member to Hear Wind-Up Report on May 10
HC ASSET: Shareholders Receive Wind-Up Report
MARIAM INVESTMENT: Sole Member to Hear Wind-Up Report on May 10
MONSOON ASIA-PACIFIC: Members to Hear Wind-Up Report on April 21
PORTMAN AQUA: Shareholder to Hear Wind-Up Report on May 6

RARTAN INVESTMENTS: Shareholders Receive Wind-Up Report
SION ASSETS: Sole Member to Hear Wind-Up Report on May 10
SKYLA HOLDINGS: Members' Final Meeting Set for April 29


D O M I N I C A N   R E P U B L I C

DOMINICAN REPUBLIC: Elections Won't Affect Economic Performance
DOMINICAN REP: Leader Says Only Paying Will Halt Spiraling Debt


J A M A I C A

JAMAICA: NROCC Projects Deficit of J$6-Billion


P U E R T O    R I C O

ANNA'S LINENS: Case Converted to Chapter 7 Liquidation
EQUA MANAGEMENT: Asks Court to Extend Exclusivity Thru July 21
REBUS CORP: Case Summary & 4 Unsecured Creditors
SPORTS AUTHORITY: Wilmington Appeals Consigned Goods Sale Orders


X X X X X X X X X

* BOND PRICING: For the Week From April 11 to April 15, 2016


                            - - - - -


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


BAICO: Shortfall Will Cost Taxpayers Tens of Millions, Says KPMG
----------------------------------------------------------------
Pat Hoyos at Caribbean360.com reports that transferring British
American's Barbados life and annuity policies to Sagicor Life
would cost taxpayers BDS$57 million (US$28.5 million) -- the
difference between the failed insurance company's assets and
liabilities, KPMG said in its final report made public.

KPMG Barbados, in its role as judicial manager (JM) for British
American Insurance Co. (B'dos) Ltd. (BAICO), has handed in that
report to the Supreme Court, according to Caribbean360.com.  It
includes the recommended course for BAICO's Life and Annuity
Policies.

The report notes that BAICO's judicial manager is KPMG
Transactions and Restructuring Ltd., acting through Lisa Taylor
and Michael Edghill, who are both managing directors of KPMG
Barbados.

BAICO's health, property and personal accident policies, with the
consent of the Financial Services Commission, and with the Court's
approval, were transferred in late 2011 to Sagicor Life Inc. and
Sagicor General Insurance Inc., the report relays.  Following that
agreement, Sagicor also expressed interest in the remaining
policies, the report discloses.

According to KPMG's final report, "the JM has been able to agree
the terms of a Sale and Purchase Agreement ('SPA') with Sagicor
for the transfer of the Life and Annuity Policies together with
the support from the GOB [Government of Barbados] to fund the
shortfall in the Statutory Fund," the report notes.

According to Caribbean360.com, BAICO's liabilities to individual
Life and Annuity Policyholders, "far outweigh the assets in the
Statutory Fund being held to their benefit and there are no other
assets available elsewhere in the Company to satisfy those claims
or to otherwise 'top-up' the Statutory Fund to meet the deficit."

However, this does not include the company's real estate held in
the Statutory Fund which Sagicor is not in a position to take over
and which, instead, will be transferred to the Government at a
total valuation of BDS$26.6 million (US$13.3 million).  In
exchange, the government will issue a bond for the same value as
the property investments to Sagicor, the report relays.

In total, BAICO's assets stand at just over BDS$70 million (US$35
million), including the real estate portfolio, and its liabilities
stand at close to BDS$127 million (US$63.5 million), the report
discloses.  A shortfall of BDS$56.8 million (US$28.4 million)
would therefore have to be met by the government.

"Sagicor will have to maintain a statutory fund to support the
liabilities under the transferring policies, but cannot be
expected to 'top-up' BAICO's Statutory Fund.  In the circumstances
the GOB Support will be utilized to make up the deficit in the
Statutory Fund," the report stated, Caribbean360.com relays.

As for what policyholders will get out of the deal, should it be
approved by the High Court and the government, there will be no
loss in cash value or fund values to the policyholders, as long as
they wait for a period of five years after such agreement is
reached, the report notes.

If policyholders seek to access their funds sooner, they will be
paid on a sliding scale basis that starts at 15 per cent within
one year and increases by the same percentage after each year, the
report adds.

                               About BAICO

British American Insurance Company is a Bahamian company, which is
owned by Trinidad-based parent CL Financial.

Casey McDonald, the British Virgin Islands liquidator for British
American Isle of Venice (BVI), Ltd, filed a Chapter 11 petition
(Bankr. S.D. Fla. Case No. 10-21627) on April 29, 2010.  Mr.
McDonald is represented by Leyza F. Blanco, Esq., at Gray Robinson
in Miami, Fla.  At the time of the filing, the liquidator
estimated British American Isle of Venice (BVI), Ltd's asset at
less than US$10 million and its debts at more than US$100 million.
Two affiliates -- British American Insurance Company Limited
(Bankr. S.D. Fla. Case No. 09-31881) and British American
Insurance Company Limited (Bankr. S.D. Fla. Case No. 09-35888) --
are also subject to the jurisdiction of the U.S. Bankruptcy Court.


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


ALPS REAL: Sole Member to Hear Wind-Up Report on May 13
-------------------------------------------------------
The sole member of Alps Real Asset Income Fund (Cayman) Ltd. will
hear on May 13, 2016, at 4:00 p.m., 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.
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877


ANASAZI SYSTEMATIC: Members to Hear Wind-Up Report on April 28
--------------------------------------------------------------
The members of Anasazi Systematic Long Short B, Ltd. will hear on
April 28, 2016, at 10:00 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Matthew Wright
          c/o Omar Grant
          Telephone: (345) 949-7576
          Facsimile: (345) 949-8295
          Windward 1, Regatta Office Park
          P.O. Box 897 Grand Cayman KY1-1103
          Cayman Islands


ANGLO ASIA: Sole Member to Hear Wind-Up Report on May 10
--------------------------------------------------------
The sole member of Anglo Asia Investments Limited will hear on
May 10, 2016, at 10:00 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Lion International Management Limited
          Craigmuir Chambers
          Road Town
          Tortola VG1110
          British Virgin Islands


CHEYNE DISCOVERY: Shareholders to Hear Wind-Up Report on May 2
--------------------------------------------------------------
The shareholders of Cheyne Discovery Fund I Inc. will hear on
May 2, 2016, at 10:00 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Matthew Wright
          c/o Omar Grant
          Telephone: (345) 949-7576
          Facsimile: (345) 949-8295
          Windward 1, Regatta Office Park
          P.O. Box 897 Grand Cayman KY1-1103
          Cayman Islands


ENERGON PHIL: Shareholder to Hear Wind-Up Report on April 26
------------------------------------------------------------
The shareholder of Energon Phil Holdings will hear on April 26,
2016, at 10:00 a.m., the liquidators' report on the company's
wind-up proceedings and property disposal.

The company's liquidators are:

          Deepti Kapoor
          Hu Siew Lok
          1 George Street, # 14-04, One George Street
          Singapore 049145
          Telephone: +65 6713 0046/+65 6592 0081
          Facsimile: +65 6220 0042


FARNDALE INVESTMENTS: Sole Member to Hear Wind-Up Report on May 10
------------------------------------------------------------------
The sole member of Farndale Investments Limited will hear on
May 10, 2016, at 10:00 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Lion International Management Limited
          Craigmuir Chambers
          Road Town
          Tortola VG1110
          British Virgin Islands


HC ASSET: Shareholders Receive Wind-Up Report
---------------------------------------------
The shareholders of HC Asset Finance (Cayman) Ltd. received on
May 2, 2016, the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          David Dyer
          P.O. Box 1984 Grand Cayman KY1-1104
          Cayman Islands
          Telephone: (345)949-8244
          Facsimile: (345)949-5223


MARIAM INVESTMENT: Sole Member to Hear Wind-Up Report on May 10
---------------------------------------------------------------
The sole member of Mariam Investment Holdings Limited will hear on
May 10, 2016, at 10:00 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Lion International Management Limited
          Craigmuir Chambers
          Road Town
          Tortola VG1110
          British Virgin Islands


MONSOON ASIA-PACIFIC: Members to Hear Wind-Up Report on April 21
----------------------------------------------------------------
The members of Monsoon Asia-Pacific Fund Ltd will hear on
April 21, 2016, the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Jonathan Law
          Landmark Square
          West Bay Road
          P.O. Box 775 Grand Cayman KY1-9006
          e-mail: christine.holland@dilloneustace.ie


PORTMAN AQUA: Shareholder to Hear Wind-Up Report on May 6
---------------------------------------------------------
The shareholder of Portman Aqua Investments Limited will hear on
May 6, 2016, at 9:15 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Intertrust SPV (Cayman) Limited
          190 Elgin Avenue, George Town
          Grand Cayman KY1-9005
          Cayman Islands
          c/o Susan Craig
          Telephone: (345) 943-3100


RARTAN INVESTMENTS: Shareholders Receive Wind-Up Report
-------------------------------------------------------
The shareholders of Rartan Investments Ltd. received on May 2,
2016, the liquidator's report on the company's wind-up proceedings
and property disposal.

The company's liquidator is:

          Matthew Wright
          Omar Grant
          P.O. Box 897 Windward 1, Regatta Office Park
          Grand Cayman KY1-1103
          Cayman Islands
          Telephone: (345) 949-7576
          Facsimile: (345) 949-8295


SION ASSETS: Sole Member to Hear Wind-Up Report on May 10
---------------------------------------------------------
The sole member of Sion Assets Limited will hear on May 10, 2016,
at 10:00 a.m., the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Lion International Management Limited
          Craigmuir Chambers
          Road Town
          Tortola VG1110
          British Virgin Islands


SKYLA HOLDINGS: Members' Final Meeting Set for April 29
-------------------------------------------------------
The members of Skyla Holdings Ltd. will hold their final meeting
on April 29, 2016, 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:

          Turners Management Ltd.
          P.O. Box 2636 Cayman Islands
          Century Yard, 4th Floor
          Cricket Square, Elgin Avenue, George Town
          Grand Cayman KY1-1102
          c/o Alan Turner
          Telephone: +1 (345) 814 0700


===================================
D O M I N I C A N   R E P U B L I C
===================================


DOMINICAN REPUBLIC: Elections Won't Affect Economic Performance
---------------------------------------------------------------
Dominican Today reports that central banker Hector Valdez Albizu
said it's unlikely that the electoral process affects the
Dominican economy's performance.

"We project that the Dominican Republic will continue its strong
economic performance this year, growing at its potential level of
5.5 percent to 6%.  After the crisis of 2003-2004, the financial
sector has undergone considerable development by implementing
sound policies that have dealt with fundamental weaknesses and
greatly improved performance," the official said, interviewed by
British magazine First, according to Dominican Today.

The report notes that Mr. Valdez made a comprehensive account of
the behavior of the Dominican and regional economies, and what
differentiates them.  "Generally speaking, there are two types of
economies in Latin America and the Caribbean: focusing on the
export of raw materials and primary products and, like ours, that
although small, are open, flexible and diversified," Mr. Valdez
added.

After an average growth rate of 4.3% from 2004 to 2011, the
economies of Latin America grew only 2.6% in 2015, the report
relays.

"The growth of our economy has not been affected by the financial
crisis in the US or the slowdown in China," Mr. Valdez said,
noting that tourism, the economy's main sector, posted earnings of
US$6.5 billion in 2015, while remittances from Dominicans living
abroad topped US$4.5 billion, says the report.

Mr. Valdez said Dominican Republic's earnings in tourism,
remittances, foreign investment and exports of goods and services
totaled US$23 billion last year, or 35 percent of GDP, the report
adds.

As reported in the Troubled Company Reporter-Latin America on
Dec. 3, 2015, Fitch Ratings affirmed the Dominican Republic's
long-term foreign and local currency Issuer Default Ratings (IDRs)
at 'B+'.  The Rating Outlooks on the long-term IDRs are revised to
Positive from Stable. The issue ratings on the Dominican
Republic's senior unsecured foreign and local currency bonds are
affirmed at 'B+'. The Country Ceiling is affirmed at 'BB-' and the
short-term foreign currency IDR at 'B'.


DOMINICAN REP: Leader Says Only Paying Will Halt Spiraling Debt
---------------------------------------------------------------
Dominican Today reports that President Danilo Medina said the only
thing that will halt the country's spiraling foreign debt is to
strike a balance by surmounting the hurdles of interest payments
and amortize it with capital.

"At that time, we will then be in a balance with an economy in
equilibrium so that we can grow without major disruption and we
will try to correct that with the fiscal pact," Mr. Medina told
reporters after a meeting at the National Business Council (CONEP)
to explain his proposal for his term in office if reelected,
according to Dominican Today.

At the meeting, Mr. Medina said his plan of government for a next
term coincides to a large part with the business sector's demands,
notes the report.

As reported in the Troubled Company Reporter-Latin America on
Dec. 3, 2015, Fitch Ratings affirmed the Dominican Republic's
long-term foreign and local currency Issuer Default Ratings (IDRs)
at 'B+'.  The Rating Outlooks on the long-term IDRs are revised to
Positive from Stable. The issue ratings on the Dominican
Republic's senior unsecured foreign and local currency bonds are
affirmed at 'B+'. The Country Ceiling is affirmed at 'BB-' and the
short-term foreign currency IDR at 'B'.


=============
J A M A I C A
=============


JAMAICA: NROCC Projects Deficit of J$6-Billion
----------------------------------------------
RJR News reports that National Road Operating and Constructing
Company (NROCC) is to rack up another deficit this fiscal year,
however, it's expected to be less than what was recorded in
2015/2016.

According to the 2016/2017 Jamaica Public Bodies report tabled
April 14, NROCC is projecting a deficit of J$6 billion down from
$7.6 billion, the report notes.

NROCC's core functions include overseeing the design, construction
and maintenance of highways and related facilities, RJR News
relays.

                           *     *     *

As reported in Troubled Company Reporter-Latin America on July 29,
2015, Standard & Poor's Ratings Services assigned its 'B' issue
rating on Jamaica's up to US$2 billion in bonds issued in two
tranches.  The first tranche is for up to US$1,350 million due in
2028.  The second tranche is for up to US$650 million due in 2045.
The government will use the proceeds to purchase debt that Jamaica
owes to Venezuela as well as to finance the government's 2015/2016
budget.


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


ANNA'S LINENS: Case Converted to Chapter 7 Liquidation
------------------------------------------------------
Anna's Linens, Inc., at the end of March 2016, won an order from
the U.S. Bankruptcy Court for the Central District of California,
Santa Ana Division, converting its Chapter 11 case to a case under
Chapter 7 of the Bankruptcy Code.

In seeking a conversion, the Debtor relates that although it was
working on a transaction that would preserve its going concern
value through a plan of reorganization or sale of its operations,
such efforts were not successful and the case transitioned into a
liquidation.  The Debtor further relates that the liquidation of
the Debtor's assets has substantially concluded.  It notes that
the estate still retains substantial claims and causes of action
which may be pursued for the benefit of all creditors.

The Debtor told the Court that the Official Committee of Unsecured
Creditors requested that the Debtor remain in Chapter 11 and
utilize its debtor in possession personnel and its professionals
to prosecute certain claims and causes of action, which the Debtor
has been doing.  The Debtor further tells the Court that numerous
matters and scheduled for hearing on March 23, 2016.  The Debtor
contends that the Committee has requested that the Debtor convert
this case to one under Chapter 7 of the Bankruptcy Code promptly
upon entry of orders resolving the matters scheduled for hearing
on March 23, 2016, and that it agreed to do so.

The Conversion Order provides:

   a. The debtor in possession or chapter 11 trustee, if the
Debtor is not a debtor-in-possession, must file a schedule of
unpaid debts incurred after commencement of the chapter 11 case by
April 14.

   b. The debtor in possession or chapter 11 trustee, if the
Debtor is not a debtor in possession, must file and transmit to
the United States trustee a final report and account by April 30.

   c. The Debtor or chapter 11 trustee, if the Debtor is not a
debtor  in possession, must immediately turn over to the chapter 7
trustee all records and property of the estate remaining in its
custody and control.

   d. By April 14, the Debtor must file the statements and
schedules required by FRBP 1019(1)(A) and 1007, if such documents
have not already been filed.

   e. If the Debtor is an individual, within 30 days of the date
of this order or before the first date set for the meeting of
creditors, whichever is earlier, Debtor must file a statement of
intention with respect to retention or surrender of
property securing consumer debts.

   f. Within 30 days of the date of this order, the Debtor must,
if the case is converted AFTER confirmation of a plan, file: (1) A
schedule of all property not listed in the final report and
account which was acquired after commencement of the chapter 11
case but before entry of the Conversion Order.  (2) A schedule of
executory contracts and unexpired leases entered into or assumed
after the commencement of the chapter 11 case but before entry of
the Order, and (3) A schedule of unpaid debts not listed in the
final report and account which were incurred after the
commencement of the chapter 11 case but before entry of the Order.

Anna's Linens is represented by:

          David B. Golubchik, Esq.
          Eve H. Karasik, Esq.
          Juliet Y. Oh, Esq.
          LEVENE, NEALE, BENDER, YOO & BRILL L.L.P.
          10250 Constellation Boulevard, Suite 1700
          Los Angeles, CA 90067
          Telephone: (310)229-1234
          Facsimile: (310)229-1244
          E-mail: dbg@lnbyb.com
                  ehk@lnbyb.com
                  jyo@lnbyb.com

                        About Anna's Linens

Anna's Linens is a specialty retailer offering home textiles,
furnishings and decor at attractive prices.  Headquartered in
Costa Mesa, California, operates a chain of 268 company owned
retail stores throughout 19 states in the United States (including
Puerto Rico and Washington, D.C.) generates over $300 million in
annual revenue and employs a workforce of over 2,500 associates.

Anna's Linens sought Chapter 11 bankruptcy protection (Bankr. C.D.
Cal. Case No. 15-13008) in Santa Ana, California, on June 14,
2015.

The case is assigned to Judge Theodor Albert.  The Debtor tapped
Levene, Neale, Bender, Yoo & Brill LLP as counsel.  The Debtor
estimated assets of $50 million to $100 million and debt of $100
million to $500 million.

The U.S. trustee overseeing the Chapter 11 case of Anna's Linens
Inc. appointed seven creditors to serve on the official committee
of unsecured creditors.


EQUA MANAGEMENT: Asks Court to Extend Exclusivity Thru July 21
--------------------------------------------------------------
Equa Management, Inc., asks the U.S. Bankruptcy Court for the
District of Puerto Rico to extend the periods within which the
Debtor has the exclusive right to file a disclosure statement and
plan of reorganization, and to solicit acceptances that will lead
to the confirmation of the plan.

Specifically, Equa Management seeks a 90-day extension from the
April 21, 2016, deadline through and including July 21, 2016, of
the exclusivity period to file the Disclosure Statement and the
Plan; and accordingly extend the term to solicit acceptances
without prejudice to seek further extensions.

Pursuant to Section 1121 of the Bankruptcy Code, debtors have the
exclusive right to file plan(s) in the first 120 days after the
date of an order for relief and an additional 60 days -- for a
total of 180 days -- to solicit acceptances to such plan(s).
Bankruptcy Code Section 1121(d) provides this Court may extend the
Exclusive Periods for cause.  Specifically, Section 1121(d) (1)
provides: "[O]n request of a party in interest made within the
respective periods specified in subsections (b) and (c) of this
section and after notice and a hearing, the court may for cause .
. . increase the 120-day period or the 180-day period referred to
in this section."

Equa Management says it is working to meet its Chapter 11
operating and reporting requirements.  It has retained an external
financial advisor approved by the Court and has recruited an in
house accountant to assist the Debtor in the turnaround financial
refurbishing essential to an efficient and emerging reorganization
process.

The Debtor and its advisors have complied with the Office of the
United States Trustee mandates by appearing at the Initial Debtor
Interview (IDI), appearing to testify at the meeting of creditors
under section 341 of the Bankruptcy Code and tendered requested
information.  They also have requested a 30-day extension to
comply with the reporting requirements under the Bankruptcy Code
and the Bankruptcy Rules, and are also designing and structuring
its plan of reorganization and disclosure statement.

The Debtor contends that termination of the Exclusive Periods at
this juncture would give rise to the concomitant threat of
multiple plans and a contentious confirmation process.  Such a
process would undoubtedly lead to needless litigation, resulting
in administrative costs that would cause diminishing the potential
recovery pay-out to the general unsecured creditors and would
delay Debtor's ability to confirm a plan, the Debtor says.

Equa Management, Inc., based in Caguas, Puerto Rico, filed for
Chapter 11 bankruptcy (Bankr. D. P.R. Case No. 15-10189) on
December 23, 2015.  Hon. Mildred Caban Flores oversees the case.
Alexis Fuentes Hernandez, Esq., at FUENTES LAW OFFICES, LLC,
serves as the Debtor's counsel.

Equa Management estimated $0 to $50,000 in assets and $1 million
to $10 million in liabilities.  The petition was signed by William
Casteline, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/prb15-10189.pdf


REBUS CORP: Case Summary & 4 Unsecured Creditors
------------------------------------------------
Debtor: Rebus, Corp.
           fka Baranda/Lopez Inc.
        PO Box 9780
        San Juan, PR 00908

Case No.: 16-02891

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: April 13, 2016

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

Judge: Hon. Brian K. Tester

Debtor's Counsel: Homel Mercado Justiniano, Esq.
                  Calle Ramirez Silva #8
                  Ensanche Martinez
                  Mayaguez, PR 00680
                  Tel: (787) 831-2577
                  Fax: (787) 805-7350
                  E-mail: hmjlaw2@gmail.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Pedro Martinez, president.

A list of the Debtor's four largest unsecured creditors is
available for free at http://bankrupt.com/misc/prb16-02891.pdf


SPORTS AUTHORITY: Wilmington Appeals Consigned Goods Sale Orders
----------------------------------------------------------------
Wilmington Savings Fund Society, FSB, appeals to the U.S. District
Court for the District of Delaware, pursuant to 28 U.S.C. Sec.
158(a) and Rules 8002 and 8003 of the Federal Rules of Bankruptcy
Procedure, from:

   (1) The interim order authorizing the Debtors to continue to
sell consigned goods in the ordinary course of business free and
clear of all liens, claims, encumbrances, and interests; and grant
administrative expense priority and purchase money security
interests to consignment vendors for consigned goods delivered
postpetition, dated March 11, 2016 (the "Interim Order"), as
modified by the Order, dated March 11, 2016 (the "Reconsideration
Order"); and

   (2) The supplemental interim order authorizing Sports Authority
Holdings, Inc., et al., to continue to sell certain prepetition
consigned goods, entered on April 5, 2016.

Wilmington Savings filed the appeal in its capacity as successor
Administrative Agent and Collateral Agent (the "Term Loan Agent")
under the Amended and Restated Credit Agreement, dated as of Nov.
16, 2010, by and among The Sports Authority, Inc., as the
Borrower, Slap Shot Holdings, Corp., as Holdings, Wilmington
Savings Fund Society, FSB, as successor Administrative Agent and
Collateral Agent to Bank of America, N.A, and the lenders from
time to time party thereto (the "Term Loan Lenders").

On March 3, 2016, an initial hearing was held on the Debtors'
motion to (a) for authorization to (i) continue to sell consigned
goods in the ordinary course of business, (ii) grant
administrative expense priority to consignment vendors for
consigned goods delivered postpetition, (b) and grant replacement
liens to vendors with perfected security interests in consigned
goods and/or remit the consignment sale price arising from the
sale of consigned goods to putative consignment vendors.  Various
consignment vendors, including Agron, Inc., Gordini USA, Inc., SGS
Sports, Inc., Castlewood Apparel Corp., Implus Footcare, LLC, and
ASICS America Corporation filed objections to the Motion.

On March 11, 2016, Judge Mary F. Walrath granted the Motion on an
interim basis.  The Court ordered that the Debtors will deposit
all the consignment sale proceeds from the postpetition sale of
prepetition consigned goods into a separate escrow account at
Wells Fargo Bank, N.A.  The contents of the escrow account will
remain segregated until the earliest of the following to occur:
(a) written agreement by the Debtors; the DIP Agent; the DIP FILO
Agent; Bank of America, N.A., as agent under the ABL Credit
Agreement (the "ABL Agent"); the FILO Agent; and Wilmington
Savings Fund Society, FSB, as successor Term Agent; and any
consignment vendor that asserts an interest in the Escrow
Proceeds, or (b) further order of the Court that directs the
Debtors where and when to disburse the Escrow Proceeds.  To the
extent that the Debtors believe after reasonable due diligence
that there is a legitimate case or controversy as to whether a
consignment vendor has a valid, perfected, unavoidable and senior
lien or ownership right or interest in the prepetition consigned
goods, then the Debtors will, in their discretion, on or before
March 23, 2016, file an adversary proceeding in the Court seeking,
among other things, a declaration that such consignment vendor
does not have a valid, perfected, unavoidable and senior lien or
ownership right or interest in the prepetition consigned goods.

On March 11, 2016, upon consideration of the Debtors' oral motion
for reconsideration of the Interim Order, the Court ordered that a
further hearing will be held on March 16 to address the issue of
what procedure will be followed in the event a consigner provides
notice to the Debtors to cease selling its goods.

Pursuant to the Supplemental Order entered April 5, 2016, Judge
Walrath ruled that:

   * The Motion is denied on the basis that the Debtors are not
entitled to relief under Sec. 363(f)(4) of the Bankruptcy Code;

   * Pending a final hearing, the Debtors are authorized to sell
the prepetition consigned goods pursuant to the applicable
consignment agreements.  The Debtors are directed to remit
proceeds of the prepetition consigned goods to the consignment
vendors pursuant to the terms of the applicable consignment
agreements in the ordinary course of business.  A consignment
agreement that was not terminated prior to the Petition Date will
constitute written consent of the applicable consignment vendor to
the sale by the Debtors of any prepetition consigned goods.

Counsel to Wilmington Savings Fund Society, FSB, as Term Loan
Agent:

         MORRIS NICHOLS ARSHT & TUNNELL LLP
         Robert J. Dehney, Esq.
         Gregory W. Werkheiser, Esq.
         Daniel B. Butz, Esq.
         1201 N. Market St., 16th Floor
         P.O. Box 1347
         Wilmington, DE 19899-1347
         Telephone: (302) 658-9200
         Facsimile: (302) 658-3989
         E-mail: rdehney@mnat.com
                 gwerkheiser@mnat.com
                 dbutz@mnat.com

               - and -

         BROWN RUDNICK LLP
         Robert J. Stark, Esq.
         William R. Baldiga, Esq.
         May Orenstein, Esq.
         Bennett S. Silverberg, Esq.
         Seven Times Square
         New York, NY 10036
         Tel: (212) 209-4800
         Fax: (212) 209-4801
         E-mail: rstark@brownrudnick.com
                 wbaldiga@brownrudnick.com
                 morenstein@brownrudnick.com
                 bsilverberg@brownrudnick.com

                About Sports Authority Holdings

Sports Authority Holdings, et al., are sporting goods retailers
with roots dating back to 1928.  The Debtors currently operate 464
stores and five distribution centers across 40 U.S. states and
Puerto Rico.  The Debtors offer a broad selection of goods from a
wide array of household and specialty brands, including Adidas,
Asics, Brooks, Columbia, FitBit, Hanesbrands, Icon Health and
Fitness, Nike, The North Face, and Under Armour, in addition to
their own private label brands.  The Debtors employ 13,000 people.

Sports Authority and six of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 16-10527 to
16-10533) on March 2, 2016.  The petitions were signed by Michael
E. Foss as chairman & chief executive officer.

The Debtors have engaged Gibson, Dunn & Crutcher LLP as general
counsel, Young Conaway Stargatt & Taylor, LLP as co-counsel,
Rothschild Inc. as investment banker, FTI Consulting, Inc., as
financial advisor and Kurtzman Carson Consultants LLC as notice,
claims, solicitation, balloting and tabulation agent.  Lawyers at
Pachulski Stang Ziehl & Jones LLP represent the Official Committee
of Unsecured Creditors.


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

* BOND PRICING: For the Week From April 11 to April 15, 2016
------------------------------------------------------------

Issuer Name               Cpn    Price   Maturity   Country  Curr
-----------               ---    -----   --------   -------  ----
Alpha Star Holding II Lt   8.45   66.477  3/19/2034     EC  USD
Andino Investment Holdin   5.36   74.336  11/25/2020    EC  USD
Andino Investment Holdin    8.5     37.1  4/10/2018     VE  USD
Anton Oilfield Services   11.75       41  10/21/2026    VE  USD
Anton Oilfield Services   8.875     19.5  3/29/2017     MN  USD
BA-CA Finance Cayman 2 L      8    6.625  12/31/2018    CL  USD
BA-CA Finance Cayman Ltd   5.75   69.812  12/1/2034     KY  USD
Banco Bilbao Vizcaya Arg  4.375    46.75  4/25/2025     KY  USD
Banco BPI SA/Cayman Isla    7.5    61.25   4/3/2017     BR  USD
Banco do Brasil SA/Cayma    7.5    45.88                KY  USD
Banco do Brasil SA/Cayma    7.5     44.2                KY  USD
Banco do Brasil SA/Cayma     10  128.271  12/31/2020    KY  USD
Banco do Brasil SA/Cayma  4.625   69.075   3/1/2021     KY  USD
Banco Santander Puerto R    7.5       45  4/25/2019     HK  USD
BCP Singapore VI Cayman   8.625     68.5  11/1/2018     AE  USD
BCP Singapore VI Cayman  0.9551    42.75  12/1/2039     KY  USD
CA La Electricidad de Ca   5.93   73.652  11/1/2021     EC  USD
Caixa Geral De Depositos    9.5    29.75  4/23/2019     BR  USD
China Shanshui Cement Gr  7.375   69.875  1/31/2020     PE  USD
China Shanshui Cement Gr    6.5   69.989  12/1/2023     EC  USD
China Shanshui Cement Gr      7    47.25  4/21/2020     KY  USD
CSN Islands XI Corp        5.93   73.051   1/1/2022     EC  USD
CSN Islands XI Corp       10.75   34.639  2/12/2023     BR  USD
CSN Islands XII Corp          7    73.33  1/17/2023     CO  COP
CSN Islands XII Corp       3.95   61.977  3/15/2022     KY  USD
Decimo Primer Fideicomis  6.375   73.875  5/15/2043     CR  USD
Decimo Primer Fideicomis    7.7   68.067   7/1/2029     EC  USD
Delta Investment Horizon   5.36   75.108  12/30/2020    EC  USD
Ecuador Government Domes   7.75   71.389  4/25/2028     EC  USD
Ecuador Government Domes   7.75   71.389  4/25/2028     EC  USD
Ecuador Government Domes    7.5   65.375   4/3/2017     BR  USD
Ecuador Government Domes      6   43.875   4/5/2023     KY  USD
Ecuador Government Domes   6.25   73.089   4/6/2017     VE  USD
Ecuador Government Domes  6.375   73.835  5/15/2043     CR  USD
Ecuador Government Domes      6       31  5/16/2024     VE  USD
Ecuador Government Domes   9.75    36.95  5/17/2035     VE  USD
Ecuador Government Domes  4.625     69.5  5/21/2023     CN  USD
Ecuador Government Domes    8.5    75.01  5/25/2016     CN  USD
Ecuador Government Domes      3   74.109  5/26/2020     ID  USD
Ecuador Government Domes   8.45   65.784  5/30/2034     EC  USD
Ecuador Government Domes   9.25       35   5/7/2028     VE  USD
Ecuador Government Domes  4.875   75.819   6/1/2027     KY  USD
Ecuador Government Domes   5.75   74.625  6/11/2025     DO  USD
Ecuador Government Domes   5.75   74.625  6/11/2025     DO  USD
Ecuador Government Domes    7.7   68.164  6/11/2029     EC  USD
Ecuador Government Domes    7.7   68.201  6/11/2029     EC  USD
Ecuador Government Domes    7.7   68.201  6/11/2029     EC  USD
Ecuador Government Domes   8.45   65.975  6/11/2034     EC  USD
Ecuador Government Domes   8.45   67.415  6/11/2034     EC  USD
Ecuador Government Domes   8.45   67.415  6/11/2034     EC  USD
Ecuador Government Domes    7.7   68.158  6/12/2029     EC  USD
Ecuador Government Domes    7.7   68.195  6/12/2029     EC  USD
Ecuador Government Domes   8.45   67.408  6/12/2034     EC  USD
Ecuador Government Domes   8.45   67.408  6/12/2034     EC  USD
Ecuador Government Domes   7.75   70.121  6/25/2028     EC  USD
Ecuador Government Domes   7.75   71.073  6/25/2028     EC  USD
Ecuador Government Domes   7.75   71.073  6/25/2028     EC  USD
Ecuador Government Domes  5.125    43.35  6/26/2022     KY  USD
Ecuador Government Domes  5.125   44.625  6/26/2022     KY  USD
Ecuador Government Domes  7.125     43.5  6/26/2042     KY  USD
Ecuador Government Domes  7.125       42  6/26/2042     KY  USD
Ecuador Government Domes   5.25       43  6/27/2029     KY  USD
Ecuador Government Domes   6.35    31.25  6/30/2021     KY  USD
Ecuador Government Domes   6.35     31.5  6/30/2021     KY  USD
Ecuador Government Domes    7.7   68.032   7/1/2029     EC  USD
Ecuador Government Domes    7.7   68.067   7/1/2029     EC  USD
Ecuador Government Domes   8.45   67.291   7/1/2034     EC  USD
Ecuador Government Domes   8.45   65.863   7/1/2034     EC  USD
Ecuador Government Domes   8.45   67.291   7/1/2034     EC  USD
Ecuador Government Domes 13.625       62  8/15/2018     VE  USD
Ecuador Government Domes 13.625       45  8/15/2018     VE  USD
Ecuador Government Domes 13.625   49.881  8/15/2018     VE  USD
Empresa de Telecomunicac   5.64   71.931  12/30/2021    EC  USD
Empresa de Telecomunicac   5.42       50  3/28/2019     NO  NOK
Empresa Generadora de El   8.25    45.75  4/25/2018     KY  BRL
Empresa Generadora de El  4.625   72.512  5/21/2023     CN  USD
ESFG International Ltd     5.25       52  4/12/2017     VE  USD
General Exploration Part  5.125    34.75  12/15/2017    BR  EUR
General Shopping Finance   6.21   71.552  11/25/2023    EC  USD
General Shopping Finance  11.75    70.75  4/23/2018     KY  USD
Global A&T Electronics L   7.75   69.333  11/7/2028     EC  USD
Global A&T Electronics L   5.93   73.359  12/1/2021     EC  USD
Global A&T Electronics L     10    62.75   2/1/2019     SG  USD
Global A&T Electronics L   8.45   66.646   2/6/2034     EC  USD
Gol Finance Inc            6.75    23.75  10/1/2022     KY  USD
Gol Finance Inc           8.625    67.75  11/1/2018     AE  USD
Gol Finance Inc            4.15     71.5  11/14/2035    KY  EUR
Gol Finance Inc            5.25    47.25  3/15/2042     KY  USD
Gol Finance Inc           5.375    31.45  4/12/2027     VE  USD
Gol Finance Inc             5.5    32.64  4/12/2037     VE  USD
Gol Finance Inc            8.25    45.75  4/25/2018     KY  BRL
Golden Eagle Retail Grou      6    70.25  10/25/2041    PA  USD
Golden Eagle Retail Grou   6.95       65   4/1/2025     KY  USD
Greenfields Petroleum Co  12.75     42.4  2/17/2022     VE  USD
Honghua Group Ltd           6.5    67.24  11/15/2020    KY  USD
Honghua Group Ltd          8.45   66.414   4/2/2034     EC  USD
Instituto Costarricense    7.75   69.149  11/8/2028     EC  USD
Instituto Costarricense     7.5   51.602  4/15/2031     KY  USD
Inversiones Alsacia SA      7.5   46.274  11/6/2018     CN  USD
Inversiones Alsacia SA       10    62.75   2/1/2019     SG  USD
Inversora Electrica de B    7.5       34  4/25/2019     HK  USD
Kaisa Group Holdings Ltd   5.64   70.192  11/25/2021    EC  USD
Kaisa Group Holdings Ltd   5.61   68.567  12/1/2022     EC  USD
MIE Holdings Corp          7.75   70.495  10/23/2028    EC  USD
MIE Holdings Corp          6.21   71.691  11/1/2022     EC  USD
MIE Holdings Corp             8    57.65  4/15/2021     KY  USD
Mongolian Mining Corp       5.5     36.5  10/23/2020    BR  USD
Mongolian Mining Corp     8.875       16  3/29/2017     MN  USD
NB Finance Ltd/Cayman Is   7.75   69.111  11/8/2028     EC  USD
Newland International Pr  12.75    44.25  2/17/2022     VE  USD
Newland International Pr      7   46.125  4/21/2020     KY  USD
Noble Holding Internatio  6.625       22  10/1/2022     KY  USD
Noble Holding Internatio   5.75    61.11  10/24/2023    BR  USD
Noble Holding Internatio  4.125    61.46  11/1/2022     BR  USD
Noble Holding Internatio      6    30.75  11/15/2026    VE  USD
Noble Holding Internatio   5.93   71.815  11/25/2022    EC  USD
Noble Holding Internatio    7.5     46.5  11/6/2018     CN  USD
Noble Holding Internatio   7.75   69.371  11/7/2028     EC  USD
Noble Holding Internatio  9.875    31.05  11/9/2019     BR  USD
Odebrecht Drilling Norbe   7.25   53.375  1/18/2018     KY  USD
Odebrecht Drilling Norbe   7.75   69.102  12/19/2028    EC  USD
Odebrecht Finance Ltd         7    38.55                BR  USD
Odebrecht Finance Ltd         7     39.5                BR  USD
Odebrecht Finance Ltd     5.753        1                KY  EUR
Odebrecht Finance Ltd      7.75    37.25  10/13/2019    VE  USD
Odebrecht Finance Ltd      8.25    35.75  10/13/2024    VE  USD
Odebrecht Finance Ltd         9    35.75  11/17/2021    VE  USD
Odebrecht Finance Ltd         4   70.666  11/4/2023     AR  USD
Odebrecht Finance Ltd    0.9551    42.75  12/1/2039     KY  USD
Odebrecht Finance Ltd      7.75   69.102  12/19/2028    EC  USD
Odebrecht Finance Ltd         8     74.5  12/20/2049    CN  CNY
Odebrecht Finance Ltd         6    33.25  12/9/2020     VE  USD
Odebrecht Finance Ltd      3.38   63.175   2/7/2035     KY  EUR
Odebrecht Finance Ltd    3.8734       98  3/21/2017     KY  USD
Odebrecht Finance Ltd         7       36  3/31/2038     VE  USD
Odebrecht Finance Ltd      7.45    53.07  4/15/2027     KY  USD
Odebrecht Finance Ltd     6.875   73.411  4/22/2016     CN  CNY
Odebrecht Offshore Drill  9.375    37.75  1/13/2034     VE  USD
Odebrecht Offshore Drill      6   29.125  10/28/2022    VE  USD
Odebrecht Offshore Drill  7.125    65.73  12/15/2021    KY  USD
Odebrecht Offshore Drill   7.75   69.066  12/19/2028    EC  USD
Oi SA                         7    73.33  1/17/2023     CO  COP
Oi SA                         8        6  12/31/2018    CL  USD
Pesquera Exalmar SAA     2.8791   73.715  11/30/2032    CL  USD
Pesquera Exalmar SAA       7.65     35.5  4/21/2025     VE  USD
Petroleos de Venezuela S   6.25    54.25                KY  USD
Petroleos de Venezuela S   8.75    28.25                BR  USD
Petroleos de Venezuela S   0.99   43.333                KY  EUR
Petroleos de Venezuela S   5.95    50.25  1/30/2018     NO  NOK
Petroleos de Venezuela S  7.375     73.5  1/31/2020     PE  USD
Petroleos de Venezuela S   5.93   73.967  10/1/2021     EC  USD
Petroleos de Venezuela S  6.625   22.375  10/1/2022     KY  USD
Petroleos de Venezuela S    5.5    35.59  10/23/2020    BR  USD
Petroleos de Venezuela S  4.125       62  11/1/2022     BR  USD
Petroleos de Venezuela S     11   70.125  11/13/2020    PE  USD
Petroleos de Venezuela S     10    63.75   2/1/2019     SG  USD
Petroleos de Venezuela S  10.75   34.125  2/12/2023     BR  USD
Petroleos de Venezuela S   6.05       49   3/1/2041     KY  USD
Petroleos de Venezuela S    6.8       50  3/15/2038     KY  USD
Petroleos de Venezuela S   7.95    55.25   4/1/2045     KY  USD
Petroleos de Venezuela S      8    66.25  4/15/2021     KY  USD
Polarcus Ltd               7.75   69.371  11/7/2028     EC  USD
Provincia del Chaco           6       45   4/5/2023     KY  USD
PSOS Finance Ltd              7     41.5  12/1/2018     VE  USD
Rabobank Chile             5.25    41.55  6/27/2029     KY  USD
Republic of Ecuador Mini   8.45   65.752  5/30/2034     EC  USD
Republic of Ecuador Mini      9    37.25   5/7/2023     VE  USD
Republic of Ecuador Mini    6.4   72.465  6/12/2024     EC  USD
Republic of Ecuador Mini    6.4   72.563  6/12/2024     EC  USD
Republic of Ecuador Mini    6.4   72.563  6/12/2024     EC  USD
Republic of Ecuador Mini   8.45    65.97  6/12/2034     EC  USD
Republic of Ecuador Mini   8.45   67.196  7/17/2034     EC  USD
Republic of Ecuador Mini   8.45   65.789  7/17/2034     EC  USD
Republic of Ecuador Mini   8.45   67.196  7/17/2034     EC  USD
Republic of Ecuador Mini   9.25     36.1  7/20/2020     BR  USD
Republic of Ecuador Mini   9.25       38  7/20/2020     BR  USD
Republic of Ecuador Mini   7.75   69.949  7/24/2028     EC  USD
Republic of Ecuador Mini   7.75   70.932  7/24/2028     EC  USD
Republic of Ecuador Mini   7.75   70.932  7/24/2028     EC  USD
Republic of Ecuador Mini    9.5   23.375   7/3/2017     PA  USD
Republic of Ecuador Mini    9.5   23.375   7/3/2017     PA  USD
Republic of Ecuador Mini    4.9   73.401   8/1/2020     KY  USD
Republic of Ecuador Mini   7.75   69.885   8/1/2028     EC  USD
Republic of Ecuador Mini   7.75   70.899   8/1/2028     EC  USD
Republic of Ecuador Mini   7.75   70.899   8/1/2028     EC  USD
Republic of Ecuador Mini    6.2   50.923   8/1/2040     KY  USD
Republic of Ecuador Mini  12.75       43  8/23/2022     VE  USD
Republic of Ecuador Mini  11.95     40.5   8/5/2031     VE  USD
Republic of Ecuador Mini    7.7    67.63  9/10/2029     EC  USD
Republic of Ecuador Mini    7.7   67.663  9/10/2029     EC  USD
Republic of Ecuador Mini    7.7   67.663  9/10/2029     EC  USD
Republic of Ecuador Mini   8.45   65.552  9/10/2034     EC  USD
Republic of Ecuador Mini   8.45   66.897  9/10/2034     EC  USD
Republic of Ecuador Mini   8.45   66.897  9/10/2034     EC  USD
Republic of Ecuador Mini   7.75   69.687  9/11/2028     EC  USD
Republic of Ecuador Mini   7.75   70.719  9/11/2028     EC  USD
Republic of Ecuador Mini   7.75   70.719  9/11/2028     EC  USD
Republic of Ecuador Mini  5.625    72.25  9/11/2042     BR  USD
Republic of Ecuador Mini   9.75   33.382  9/15/2016     BR  BRL
Republic of Ecuador Mini   9.75   33.625  9/15/2016     BR  BRL
Republic of Ecuador Mini  9.125   67.887  9/15/2017     VE  USD
Republic of Ecuador Mini   9.25       40  9/15/2027     VE  USD
Republic of Ecuador Mini  6.875    55.25  9/21/2019     KY  USD
Republic of Ecuador Mini  6.875       57  9/21/2019     KY  USD
Republic of Ecuador Mini   7.45   45.015  9/25/2019     CN  USD
Republic of Ecuador Mini   7.45   45.125  9/25/2019     CN  USD
Republic of Ecuador Mini    6.5     58.5  9/26/2017     AR  USD
Republic of Ecuador Mini  5.375    61.25  9/26/2024     BR  USD
Republic of Ecuador Mini  5.375    53.75  9/26/2024     BR  USD
Republic of Ecuador Mini    7.7   67.506  9/30/2029     EC  USD
Republic of Ecuador Mini    7.7   68.779  9/30/2029     EC  USD
Republic of Ecuador Mini    7.7   68.779  9/30/2029     EC  USD
Republic of Ecuador Mini   8.45   65.454  9/30/2034     EC  USD
Republic of Ecuador Mini   8.45   66.784  9/30/2034     EC  USD
Republic of Ecuador Mini   8.45   66.784  9/30/2034     EC  USD
Samarco Mineracao SA      0.719       43                KY  EUR
Samarco Mineracao SA       7.75   69.436  10/23/2028    EC  USD
Samarco Mineracao SA       11.5   35.375  11/13/2018    CA  USD
Samarco Mineracao SA      1.353   73.375  12/17/2017    KY  EUR
Samarco Mineracao SA       6.21   68.503  12/30/2023    EC  USD
Samarco Mineracao SA       8.45   66.646   2/6/2034     EC  USD
Seagate HDD Cayman         7.75   70.495  10/23/2028    EC  USD
Seagate HDD Cayman          6.5   69.477  11/25/2024    EC  USD
Shelf Drilling Holdings   5.125   34.584  12/15/2017    BR  EUR
Shelf Drilling Holdings       8    52.15  4/15/2027     KY  USD
Siem Offshore Inc            10    67.99   2/1/2019     SG  USD
Siem Offshore Inc           7.5     79.5  3/10/2020     CN  USD
Telemar Norte Leste SA        9       68                KY  USD
Telemar Norte Leste SA     6.25    50.25                KY  USD
Telemar Norte Leste SA     5.75    61.25  10/24/2023    BR  USD
Telemar Norte Leste SA     7.75   69.149  11/8/2028     EC  USD
Telemar Norte Leste SA    6.875       49   2/6/2018     HK  USD
Telemar Norte Leste SA     5.25   43.273  3/21/2019     VE  USD
Telemar Norte Leste SA      5.6       45  3/30/2022     AE  USD
Transocean Inc               10       55                KY  USD
Transocean Inc                9    69.75                KY  USD
Transocean Inc             7.25       54  1/18/2018     KY  USD
Transocean Inc             4.54   58.625  10/25/2041    PA  USD
Transocean Inc               11       70  11/13/2020    PE  USD
Transocean Inc             6.75  104.4036 11/5/2021     PY  USD
Transocean Inc              7.5   75.375  12/10/2028    PR  USD
Transocean Inc             8.45   66.618   2/6/2034     EC  USD
US Capital Funding IV Lt   7.75   70.502  4/25/2028     EC  USD
US Capital Funding IV Lt   9.75    37.65  5/17/2035     VE  USD
Usiminas Commercial Ltd      10       55                KY  USD
Usiminas Commercial Ltd    8.45   66.451  3/19/2034     EC  USD
USJ Acucar e Alcool SA      6.5   69.901   1/1/2024     EC  USD
USJ Acucar e Alcool SA     5.93   73.323  12/30/2022    EC  USD
Vale SA                    6.21   71.086   1/1/2023     EC  USD
Vantage Drilling Interna  9.875    33.25  11/9/2019     BR  USD
Venezuela Government Int    6.5   69.654                IE  USD
Venezuela Government Int   8.75   30.125                BR  USD
Venezuela Government Int   6.75    24.01  10/1/2022     KY  USD
Venezuela Government Int    4.3   54.766  10/15/2022    KY  USD
Venezuela Government Int    5.5     35.5  10/23/2020    BR  USD
Venezuela Government Int    6.5   70.288  11/1/2023     EC  USD
Venezuela Government Int      6    31.21  11/15/2026    VE  USD
Venezuela Government Int      9     33.9  11/17/2021    VE  USD
Venezuela Government Int    8.5    53.55  11/2/2017     VE  USD
Venezuela Government Int   8.45   66.477  3/19/2034     EC  USD
Venezuela Government Int    7.5   68.052   4/3/2017     BR  USD
Venezuela Government Int      6    30.25  5/16/2024     VE  USD
Venezuela Government Int    8.5    75.01  5/25/2016     CN  USD
Venezuela Government Int   8.45   65.784  5/30/2034     EC  USD
Venezuela Government Int      9     12.5  5/31/2017     US  CAD
Venezuela Government Int    7.7   68.195  6/12/2029     EC  USD
Venezuela Government TIC   8.45   66.414   4/2/2034     EC  USD
Venezuela Government TIC    9.5    30.05  4/23/2019     BR  USD
Venezuela Government TIC  4.375       41  4/25/2025     KY  USD
VRG Linhas Aereas SA        8.1   53.131  12/15/2041    KY  USD
VRG Linhas Aereas SA       8.45   66.386   4/2/2034     EC  USD
XLIT Ltd                    8.5       53  11/2/2017     VE  USD


                            ***********


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 2016.  All rights reserved.  ISSN 1529-2746.

This material is copyrighted and any comillionercial 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.


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