TCRLA_Public/160822.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, August 22, 2016, Vol. 17, No. 165


                            Headlines



C A Y M A N  I S L A N D S

ANDOR OPPORTUNITY: Placed Under Voluntary Wind-Up
ANDOR OPPORTUNITY MASTER: Placed Under Voluntary Wind-Up
ASIA PRINTERS: Creditors' Proofs of Debt Due Sept. 15
BANCO PRIVADO: Court Appoints Shakespeare as Liquidator
DINVEST CONCENTRATED: Creditors' Proofs of Debt Due Sept. 15

EXPERIENCE CORPORATION: Commences Liquidation Proceedings
GPC XXXVII: Creditors' Proofs of Debt Due Sept. 12
GUGGENHEIM ADVISORS: Creditors' Proofs of Debt Due Sept. 12
GUGGENHEIM PORTFOLIO VIII: Creditors' Proofs of Debt Due Sept. 12
GUGGENHEIM PORTFOLIO XXXVI: Creditors' Proofs of Debt Due Sept. 12

TIGER GLOBAL: Placed Under Voluntary Wind-Up
TIGER GLOBAL VI: Placed Under Voluntary Wind-Up


J A M A I C A

JAMAICA: To Strengthen Initiatives for Banking Relationships
JAMAICA: Economic Growth is Recovering Gradually, IMF Says


P U E R T O    R I C O

DORAL FINANCIAL: Panel Seeks Approval of FDIC Settlement
GLOBAL COMMODITY: Disclosure Statement Hearing Moved to Sept. 14
NIKAI PR: Hires Ruben Gonzalez as Attorney
WANDA ORTIZ CARRERAS: Amended Plan to Pay 42% to Unsecureds


S U R I N A M E

SURINAME: Restoring Macroeconomic Stability Requires Great Effort


V E N E Z U E L A

VENEZUELA: Condemns 'Bold Threats' From Paraguay


X X X X X X X X X

* BOND PRICING: For the Week From Aug. 15 to Aug. 19, 2016


                            - - - - -


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


ANDOR OPPORTUNITY: Placed Under Voluntary Wind-Up
-------------------------------------------------
On Aug. 3, 2016, the sole shareholder of Andor Opportunity
Offshore Fund Ltd resolved to voluntarily wind up the company's
operations.

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

The company's liquidator is:

          Andor Capital Management, LLC
          c/o Joanne Huckle
          Telephone: +1 (345) 949 9876
          Facsimile: +1 (345) 949-9877
          89 Nexus Way, Camana Bay
          Grand Cayman KY1-9009
          Cayman Islands


ANDOR OPPORTUNITY MASTER: Placed Under Voluntary Wind-Up
--------------------------------------------------------
On Aug. 3, 2016, the sole shareholder of Andor Opportunity Master
Fund Ltd resolved to voluntarily wind up the company's operations.

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

The company's liquidator is:

          Andor Capital Management, LLC
          c/o Joanne Huckle
          Telephone: +1 (345) 949 9876
          Facsimile: +1 (345) 949-9877
          89 Nexus Way, Camana Bay
          Grand Cayman KY1-9009
          Cayman Islands


ASIA PRINTERS: Creditors' Proofs of Debt Due Sept. 15
-----------------------------------------------------
The creditors of Asia Printers Group Ltd. are required to file
their proofs of debt by Sept. 15, 2016, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on July 20, 2016.

The company's liquidator is:

          Simon Conway
          c/o Sarah Moxam
          P.O. Box 258 Grand Cayman KY1-1104
          Cayman Islands
          Telephone: (345) 914 8634
          Facsimile: (345) 945 4237


BANCO PRIVADO: Court Appoints Shakespeare as Liquidator
-------------------------------------------------------
On July 13, 2016, the Grand Court of Cayman Islands appointed Jess
Shakespeare as liquidator of Banco Privado Portugues (Cayman) Ltd.
Furthermore, David A. K. Walker was released as the company's
liquidator.

The company's liquidator is:

          Simon Conway
          c/o Jodi Jones
          Telephone: (345) 914-8694
          Facsimile: (345) 945-4237
          P.O. Box 258 Grand Cayman KY1-1104
          Cayman Islands


DINVEST CONCENTRATED: Creditors' Proofs of Debt Due Sept. 15
------------------------------------------------------------
The creditors of Dinvest Concentrated Opportunities Realization
Ltd. are required to file their proofs of debt by Sept. 15, 2016,
to be included in the company's dividend distribution.

The company commenced liquidation proceedings on July 22, 2016.

The company's liquidator is:

          Stuart Sybersma
          c/o Christopher Yeramian
          Deloitte & Touche
          Citrus Grove Building, 4th Floor, Goring Avenue
          George Town KY1-1109
          Cayman Islands
          Telephone: +1 (345) 814 3469
          Facsimile: +1 (345) 949 8258


EXPERIENCE CORPORATION: Commences Liquidation Proceedings
---------------------------------------------------------
On Aug. 2, 2016, the shareholders of Experience Corporation
resolved to voluntarily liquidate the company's business.

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

The company's liquidator is:

          Shuangdi Xiang
          c/o Fiona C.
          Orient Century Building, 16th Floor, Room 1611
          No.345, Xianxia Road
          200336 Shanghai
          China
          Telephone: (86 21) 5108 7509
          Facsimile: (86 21) 5168 5710


GPC XXXVII: Creditors' Proofs of Debt Due Sept. 12
--------------------------------------------------
The creditors of GPC XXXVII (Cayman) Ltd. are required to file
their proofs of debt by Sept. 12, 2016, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on Aug. 1, 2016.

The company's liquidator is:

          Jean Ebanks
          c/o Jane Fleming or Jean Ebanks
          P.O. Box 30464 Grand Cayman KY1-1202
          Cayman Islands
          Telephone: (345) 945-2187
          Facsimile: (345) 945-2197


GUGGENHEIM ADVISORS: Creditors' Proofs of Debt Due Sept. 12
-----------------------------------------------------------
The creditors of Guggenheim Advisors EOF (Cayman) Ltd. are
required to file their proofs of debt by Sept. 12, 2016, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on Aug. 1, 2016.

The company's liquidator is:

          Jean Ebanks
          c/o Jane Fleming or Jean Ebanks
          P.O. Box 30464 Grand Cayman KY1-1202
          Cayman Islands
          Telephone: (345) 945-2187
          Facsimile: (345) 945-2197


GUGGENHEIM PORTFOLIO VIII: Creditors' Proofs of Debt Due Sept. 12
-----------------------------------------------------------------
The creditors of Guggenheim Portfolio Company VIII (Cayman) Ltd.
are required to file their proofs of debt by Sept. 12, 2016, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on Aug. 1, 2016.

The company's liquidator is:

          Jean Ebanks
          c/o Jane Fleming or Jean Ebanks
          P.O. Box 30464 Grand Cayman KY1-1202
          Cayman Islands
          Telephone: (345) 945-2187
          Facsimile: (345) 945-2197


GUGGENHEIM PORTFOLIO XXXVI: Creditors' Proofs of Debt Due Sept. 12
------------------------------------------------------------------
The creditors of Guggenheim Portfolio Company XXXVI (Cayman) Ltd.
are required to file their proofs of debt by Sept. 12, 2016, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on Aug. 1, 2016.

The company's liquidator is:

          Jean Ebanks
          c/o Jane Fleming or Jean Ebanks
          P.O. Box 30464 Grand Cayman KY1-1202
          Cayman Islands
          Telephone: (345) 945-2187
          Facsimile: (345) 945-2197


TIGER GLOBAL: Placed Under Voluntary Wind-Up
--------------------------------------------
On July 20, 2016, the sole member of Tiger Global Asia Holdings,
Ltd. resolved to voluntarily wind up the company's operations.

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

The company's liquidator is:

          Gregory Seidell
          c/o Campbells
          Willow House, Cricket Square, Floor 4
          Grand Cayman KY1-1103
          Cayman Islands
          Telephone: +1 (345) 949 2648
          Facsimile: +1 (345) 949 8613


TIGER GLOBAL VI: Placed Under Voluntary Wind-Up
-----------------------------------------------
On July 20, 2016, the sole member of Tiger Global Asia Holdings
VI, Ltd. resolved to voluntarily wind up the company's operations.

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

The company's liquidator is:

          Gregory Seidell
          c/o Campbells
          Willow House, Cricket Square, Floor 4
          Grand Cayman KY1-1103
          Cayman Islands
          Telephone: +1 (345) 949 2648
          Facsimile: +1 (345) 949 8613



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


JAMAICA: To Strengthen Initiatives for Banking Relationships
------------------------------------------------------------
RJR News reports that Prime Minister Andrew Holness said the
Government is strengthening initiatives to tackle the threat of
international banks ending their correspondent banking
relationships with local financial institutions.

In order to reduce risks and be in compliance with international
regulations, particularly relating to criminal activity, such as
money laundering, fraud and terrorist financing, international
banks have threatened to cut ties with banks in the region in a
de-risking move, according to RJR News.

Minister Holness said he considers the issue a clear and present
danger and noted that the Government is working assiduously to
lobby banking counterparts in the United States, as well as engage
local banks on ways to mitigate the threat, the report notes.

"Once we have complied, I think the overseas regulators should
ensure that those who comply are rewarded.  That we are taken off
whatever watch list and that we are allowed access. For us to
operate as legitimate banking institutions that comply to
international standards," said Minister Holness during a news
conference, the report relays.

                            *     *     *

As reported in the Troubled Company Reporter-Latin America on
Feb. 15, 2016, Fitch Ratings has upgraded Jamaica's Long-term
foreign and local currency IDRs to 'B' from 'B-' and revised the
Rating Outlooks to Stable from Positive.  In addition, Fitch
upgraded Jamaica's senior unsecured Foreign- and Local-Currency
bonds to 'B' from 'B-'.  The Country Ceiling has been affirmed at
'B' and the Short- Term Foreign-Currency IDR affirmed at 'B'.


JAMAICA: Economic Growth is Recovering Gradually, IMF Says
----------------------------------------------------------
An International Monetary Fund (IMF) mission led by Ms. Uma
Ramakrishnan visited Jamaica during August 9-19, 2016, to conduct
discussions on the thirteenth Review of Jamaica's IMF-supported
program under the Extended Fund Facility (EFF).

At the end of the visit, IMF Mission Chief, Ms. Ramakrishnan
issued the following statement in Kingston:

"The IMF team reached a preliminary agreement with the authorities
on a set of policies that aims at completing the thirteenth Review
under the EFF. Consideration by the IMF's Executive Board is
tentatively scheduled for September 2016. Upon approval, SDR 28.32
million (about US$40 million) would be made available to Jamaica.

"Economic growth in Jamaica is recovering gradually. Growth in
FY2015/16 has been revised up to 1 percent, driven by agriculture
and manufacturing. Growth is expected to reach 1.7 percent in
FY2016/17, as ongoing investments, including in tourism,
crystallize and agriculture continues its strong recovery.
Inflation remains low, and gross international reserves continue
to increase, reaching almost US$3 billion at end-July.
Unemployment, however, remains high at 13.7 percent, partly
reflecting an expansion in the labor force.

"Program implementation under the EFF remains strong-all
quantitative performance targets through end-June were met, with
tax revenues exceeding expectations, and structural reforms are
well in train.

"Continued strong implementation of the government's growth
strategy is essential to support job creation and poverty
alleviation. In this context, strengthening the social safety net
will be essential to shield the poor and vulnerable from any
adverse effects due to the shift from direct to indirect taxation.
The mission also underscores the importance of ongoing reforms in
the public sector to achieve efficiency gains.

"The mission welcomes the authorities' recent proactive and
successful liability management operation which helped reduce
refinancing risk in 2017 through 2019. In order to further
minimize concentration and refinancing risks, it is necessary to
develop a comprehensive strategy for liability management.

"The mission also held preliminary discussions on the broad
contours of a successor program after the current EFF expires in
April 2017. Discussions are expected to continue in the months
ahead.

"The mission team met with The Most Honorable, Prime Minister
Andrew Holness, Finance Minister Shaw, Bank of Jamaica Governor
Wynter, State Minister Williams, Financial Secretary MacFarlane,
senior government officials, as well as members of the private
sector and civil society. The mission would like to thank the
Jamaican authorities, various stakeholders, and technical staff,
for their cooperation."

                             *     *     *

As reported in the Troubled Company Reporter-Latin America on
Feb. 15, 2016, Fitch Ratings has upgraded Jamaica's Long-term
foreign and local currency IDRs to 'B' from 'B-' and revised the
Rating Outlooks to Stable from Positive.  In addition, Fitch
upgraded Jamaica's senior unsecured Foreign- and Local-Currency
bonds to 'B' from 'B-'.  The Country Ceiling has been affirmed at
'B' and the Short- Term Foreign-Currency IDR affirmed at 'B'.


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

DORAL FINANCIAL: Panel Seeks Approval of FDIC Settlement
--------------------------------------------------------
BankruptcyData.com reported that Doral Financial (DFC), Doral
Properties and the official committee of unsecured creditors filed
with the U.S. Bankruptcy Court a joint motion to approve a
settlement with the Federal Deposit Insurance Corporation in its
capacity as receiver for Doral Bank Puerto Rico (FDIC-R) and
related parties. The motion explains, "From early in these
bankruptcy cases, one of the major issues has been the treatment
of the myriad claims filed by the Debtors against the Doral Bank
Puerto Rico ('Doral Bank') receivership and by the FDIC-R against
the Debtors in their bankruptcy cases.

In addition, given the past corporate relationship between these
entities, the Debtors and the FDICR also have asserted competing
ownership claims to a variety of assets. Absent settlement, these
claims and asset ownership disputes would result in lengthy,
complex, and expensive litigation." The motion further notes, "The
Settlement Agreement provides the Debtors' estates with the
following benefits: the settlement of the FDIC-R's servicing-
related claims and allowance of the Doral Bank POC for
significantly reduced amounts, solely to the extent of: an
administrative expense claim of $700,000; and an unsecured claim
of $4,250,000. DFC's entitlement to 100% of any recoveries up to
$20 million on account of the Tax Assets, and 80% of any
recoveries in excess of $20 million; DFC's entitlement to 80% of
any recoveries on account of the DFC Overpayment; DFC's retention
of 100% of the net proceeds of the sale of the OA Parking Lot
(approximately $1.5 million); the disallowance of the Doral
Recovery II POC; reservation of each of the parties' rights with
respect to the proceeds of directors and officers insurance
policies historically maintained by the DFC Group; mutual
releases; and cessation and dismissal of the pending litigations."

The Court scheduled a Sept. 7, 2016 hearing on the motion, with
objections due by Aug. 26, 2016.

                    About Doral Financial Corp.

Doral Financial Corp. (the "DFC") is a holding company whose
primary operating asset was equity in Doral Bank. DFC maintains
offices in New York City, Coral Gables, Florida and San Juan,
Puerto Rico. The company has three wholly-owned subsidiaries:
Doral Properties, Inc., Doral Insurance Agency, LLC, and Doral
Recovery, Inc.

On Feb. 27, 2015, regulators placed Doral Bank into receivership
and named the Federal Deposit Insurance Corp. as receiver. Doral
Bank served customers through 26 branches located in New York,
Florida, and Puerto Rico.

DFC sought Chapter 11 protection (Bankr. S.D.N.Y. Case No.
15-10573) in Manhattan on March 11, 2015. The case is assigned to
Judge Shelley C. Chapman. It estimated $50 million to $100 million
in assets and $100 million to $500 million in debt as of the
bankruptcy filing.


GLOBAL COMMODITY: Disclosure Statement Hearing Moved to Sept. 14
----------------------------------------------------------------
U.S. Bankruptcy Judge Brian K. Tester said the hearing for
Aug. 24, 2016, to consider the Disclosure Statement accompanying
Global Commodity Group, Inc.'s Chapter 11 plan is rescheduled for
Sept. 14 at 9:00 a.m. at the U.S. Bankruptcy Court, Jose V. Toledo
Federal Building and U.S. Courthouse, 300 Del Recinto Sur,
Courtroom No. 1, Second Floor, San Juan, Puerto Rico.

Global Commodity Group, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. D.P.R. Case No. 15-08395) on Oct. 28, 2015, in
San Juan, Puerto Rico. U.S. Bankruptcy Judge Brian K. Tester
presides over the case. In its petition, the Debtor estimated
under $50,000 in assets and under $10 million in liabilities. The
petition was signed by Ramon L Nunez Freytes, president.

The Debtor is represented by:

         Maria Soledad Lozada Figueroa, Esq.
         MS LOZADA LAW OFFICE
         PO BOX 9023888
         San Juan, PR 00902
         Tel: 787 520 6002
         Fax: 787 520 6003
         E-mail: lcdamslozada@gmail.com


NIKAI PR: Hires Ruben Gonzalez as Attorney
------------------------------------------
Nikai PR, Corp., seeks authority from the U.S. Bankruptcy Court
for the District of Puerto Rico to employ Ruben Gonzalez Marrero &
Associates as attorney to the Debtor.

Nikai PR requires Ruben Gonzalez to represent the Debtor in the
bankruptcy proceeding.

Ruben Gonzalez will be paid at an hourly rate of $275.
He will also be paid the amount of $5,600 as retainer.

Mr. Gonzalez will be reimbursed for reasonable out-of-pocket
expenses incurred.

Mr. Gonzalez, a member of Ruben Gonzalez Marrero & Associates,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Ruben Gonzalez can be reached at:

         Ruben Gonzalez Marrero, Esq.
         RUBEN GONZALEZ MARRERO & ASSOCIATES
         Santa Rosa
         Bayamon, P.R. 00959
         Tel: (787) 798-8600
         E-mail: rgm@microjuris.com

                       About Nikai PR

Nikai PR, Corp. filed a Chapter 11 petition (Bankr. D.P.R. Case
No. 16-06097) on July 30, 2016, and is represented by Ruben
Gonzalez Marrero, Esq., at Ruben Gonzalez Marrero & Asociados.


WANDA ORTIZ CARRERAS: Amended Plan to Pay 42% to Unsecureds
-----------------------------------------------------------
Wanda Ortiz Carreras filed with the U.S. Bankruptcy Court for the
District of Puerto Rico her First Amended Plan and Disclosure
Statement dated as of August 8, 2016.

The Debtor says the estimated distribution in a liquidation
scenario would be of 38.1%, whereas her First Amended Plan
proposes to distribute 42%.

The Debtor's schedules of liabilities indicate that the secured
claims total $1,573.444. Unsecured claims total including priority
amounts total $989,524, and priority claims total $2,152.

According to the Plan, general unsecured claims in Class 9 will be
paid 42% of their claims within a period of 8 years from the
effective date of the plan in monthly installments. In the
previous iteration of the Plan, the claims will be paid 31%.

The Plan notes that payments are not fixed. During the first five
years of the plan, until governmental and secured claims are paid
in full, the monthly disbursement to unsecured creditors will
total $1,611, during the next two years the disbursements will
total $2,820 per month, and during the last year $2,417 per month.

A copy of the First Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/prb14-03693-0149.pdf


Wanda Ortiz Carreras filed for Chapter 11 bankruptcy protection
(Bankr. D.P.R. Case No. 14-03693) on May 5, 2014, and is
represented by:

         Teresa M. Lube Capo, Esq.
         LUBE & SOTO LAW OFFICES
         1130 F.D. Roosevelt Ave.
         San Juan, PR 00920-2906
         Tel: 722-0909
         Fax: 977-1709
         E-mail: lubeysoto@gmail.com


===============
S U R I N A M E
===============


SURINAME: Restoring Macroeconomic Stability Requires Great Effort
-----------------------------------------------------------------
An International Monetary Fund (IMF) staff mission, led by Mr.
Daniel Leigh, visited Paramaribo from August 8 to 18, to initiate
discussions on the first review under Suriname's Stand-By
Arrangement (SBA) with the IMF.

At the conclusion of the visit, Mr. Leigh issued the following
statement:

"The IMF mission had constructive discussions with the authorities
on policies needed to meet the objectives of Suriname's economic
program supported by the SBA. We agreed with the authorities to
continue discussions with a follow-up visit once further progress
has been made in implementing the program.

"Performance under the program has been mixed. The government has
kept the fiscal deficit close to the programed path by restraining
spending, and the authorities implemented a number of the planned
reforms, including preparations for the introduction of the value
added tax. However, the decisions to freeze fuel pump prices and
partially reverse the increase in electricity prices, despite
rising energy costs, have significantly reduced available
government resources, and spending on social cash transfers has
undershot envisaged levels. Finally, the limited nominal interest
rate increases, despite a substantial rise in inflation, pose a
risk to price stability.

"Restoring macroeconomic stability will require great efforts from
the Surinamese authorities as well as society as a whole. The
decision in recent days to support tax revenues by assessing
customs duties at the market exchange rate, and the restoration of
SRD 0.2 in taxes per liter of fuel, are steps in the right
direction. Nevertheless, significant additional increases in fuel
taxes and electricity tariffs, as planned in the program, are
essential to improve the fiscal situation and make space for
better-targeted social spending.

"On the monetary policy front, supporting a rise in local currency
interest rates to positive levels in real terms is essential for
stabilizing prices and exchange rate expectations, including
through the use of the Central Bank of Suriname's upgraded
monetary policy toolkit. Maintaining a flexible exchange rate
remains vital to achieving the program's reserve accumulation
objectives.

"The team will now return to Washington DC to continue the
technical work. Together with our Resident Representative in
Paramaribo, we will remain in close contact with the Surinamese
authorities throughout this process. The mission team is grateful
for the authorities' close cooperation."


=================
V E N E Z U E L A
=================


VENEZUELA: Condemns 'Bold Threats' From Paraguay
------------------------------------------------
EFE News reports that Venezuela's Foreign Minister Delcy Rodriguez
condemned what she called "bold threats" from her Paraguayan
counterpart after he announced a "total freezing of relations."

Paraguayan Foreign Minister Eladio Loizaga had announced that he
would not return to Caracas indefinitely over what he called
"rants" by Venezuelan President Nicolas Maduro, according to EFE
News.

"Venezuela will not allow itself to be threatened or succumb to
the fear from those who choose to serve the empire rather than the
people," Rodriguez tweeted in response," the report notes.
"(Loizaga's) bold threats . . .. insult our heritage of
independence and freedom."

Earlier this month, President Maduro said Venezuela was being
"persecuted" by "a corrupt Paraguayan oligarch and drug
trafficker," referring to Paraguayan President Horacio Cartes, the
report relays.

Venezuela in political and economic crisis, facing severe
shortages of basic goods has come under fire from its Latin
American neighbors for allegedly failing to comply with the
region's Democratic Charter, a binding document, notes the report.

Earlier, Brazil accused Maduro of imposing an "authoritarian"
regime on his country, the report relays.

A group of 15 countries from the Organization of American States
called on Venezuela to act "without delay" to clear the way for an
election over whether to recall Maduro from office as a way out of
its mounting crisis, the report adds.

As reported in the Troubled Company Reporter-Latin America on
July 5, 2016, Fitch Ratings affirmed Venezuela's Long-Term
Foreign-and Local-Currency Issuer Default Ratings (LT FC/LC IDR)
at 'CCC'. Fitch has also affirmed the sovereign's Short-Term
Foreign Currency (ST FC) IDR at 'C' and country ceiling at 'CCC'.


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


* BOND PRICING: For the Week From Aug. 15 to Aug. 19, 2016
----------------------------------------------------------

Issuer Name                  Cpn   Price   Maturity  Country  Curr
-----------                  ---   -----   --------  -------   ---
Andino Investment Holding     11   70.85  11/13/2020   PE     USD
Andino Investment Holding     11   68.88  11/13/2020   PE     USD
Anton Oilfield Services G     7.5  69.03   11/6/2018   CN     USD
Anton Oilfield Services G     7.5     66   11/6/2018   CN     USD
BA-CA Finance Cayman 2 Lt   0.719   38.5               KY     EUR
BA-CA Finance Cayman Ltd    0.749  38.93               KY     EUR
Banco do Brasil SA/Cayman    6.25  62.84               KY     USD
Banco do Brasil SA/Cayman    6.25  59.51               KY     USD
BPI Capital Finance Ltd      2.29     40               KY     EUR
CA La Electricidad de Car     8.5  43.75   4/10/2018   VE     USD
Chile Government Internat   3.625   15.7  10/30/2042   CL     USD
CSN Islands XI Corp         6.875  61.25   9/21/2019   KY     USD
CSN Islands XI Corp         6.875  61.13   9/21/2019   KY     USD
CSN Islands XII Corp            7   48.8               BR     USD
CSN Islands XII Corp            7  47.75               BR     USD
Decimo Primer Fideicomiso    4.54  59.75  10/25/2041   PA     USD
Decimo Primer Fideicomiso       6  71.38  10/25/2041   PA     USD
Ecuador Government Domest    8.45   70.8    2/6/2034   EC     USD
Ecuador Government Domest    8.45  69.35   9/10/2034   EC     USD
Ecuador Government Domest    8.45  70.42    4/2/2034   EC     USD
Ecuador Government Domest    8.45  69.72   7/17/2034   EC     USD
Ecuador Government Domest    8.45  69.71   5/30/2034   EC     USD
Ecuador Government Domest    8.45  69.23   9/30/2034   EC     USD
Ecuador Government Domest    8.45  70.52   3/19/2034   EC     USD
Ecuador Government Domest    7.75  74.84  12/19/2028   EC     USD
Ecuador Government Domest    8.45  69.94   6/12/2034   EC     USD
Ecuador Government Domest    8.45  69.95   6/11/2034   EC     USD
Ecuador Government Domest    8.45  69.82    7/1/2034   EC     USD
Ecuador Government Domest     7.7  73.56    7/1/2029   EC     USD
Ecuador Government Domest     7.7  72.94   9/10/2029   EC     USD
Ecuador Government Domest    7.75  74.95   11/8/2028   EC     USD
Ecuador Government Domest     7.7  73.74   6/11/2029   EC     USD
Ecuador Government Domest     7.7  73.73   6/12/2029   EC     USD
Ecuador Government Domest     7.7  72.77   9/30/2029   EC     USD
Empresa de Telecomunicaci       7  71.24   1/17/2023   CO     COP
Empresa de Telecomunicaci       7  71.24   1/17/2023   CO     COP
ESFG International Ltd      5.753  0.883               KY     EUR
General Exploration Partn    11.5  36.75  11/13/2018   CA     USD
General Shopping Finance       10  60.55               KY     USD
General Shopping Finance       10  60.63               KY     USD
Global A&T Electronics Lt      10  70.88    2/1/2019   SG     USD
Global A&T Electronics Lt      10  71.88    2/1/2019   SG     USD
Global A&T Electronics Lt      10   50.5    2/1/2019   SG     USD
Global A&T Electronics Lt      10     54    2/1/2019   SG     USD
Glorious Property Holding   13.25  74.56    3/4/2018   HK     USD
Gol Finance Inc              9.25  47.35   7/20/2020   BR     USD
Gol Finance Inc              8.75  37.75               BR     USD
Gol Finance Inc               7.5     61    4/3/2017   BR     USD
Gol Finance Inc               7.5  59.38    4/3/2017   BR     USD
Gol Finance Inc               7.5  59.38    4/3/2017   BR     USD
Gol Finance Inc              9.25  43.38   7/20/2020   BR     USD
Gol Finance Inc              8.75  36.88               BR     USD
Green Dragon Gas Ltd           10  63.75  11/20/2017   HK     USD
Greenfields Petroleum Cor       9  11.35   5/31/2017   US     CAD
Honghua Group Ltd            7.45  58.25   9/25/2019   CN     USD
Honghua Group Ltd            7.45     58   9/25/2019   CN     USD
Inversora Electrica de Bu     6.5   59.5   9/26/2017   AR     USD
MIE Holdings Corp             7.5  67.25   4/25/2019   HK     USD
MIE Holdings Corp             7.5  68.58   4/25/2019   HK     USD
NB Finance Ltd/Cayman Isl    3.38  60.22    2/7/2035   KY     EUR
Newland International Pro     9.5  24.13    7/3/2017   PA     USD
Newland International Pro     9.5  25.13    7/3/2017   PA     USD
Noble Holding Internation     6.2  65.42    8/1/2040   KY     USD
Noble Holding Internation    6.05  66.38    3/1/2041   KY     USD
Noble Holding Internation    5.25  64.71   3/15/2042   KY     USD
Ocean Rig UDW Inc            7.25  57.75    4/1/2019   CY     USD
Ocean Rig UDW Inc            7.25     55    4/1/2019   CY     USD
Odebrecht Drilling Norbe     6.35     27   6/30/2021   KY     USD
Odebrecht Drilling Norbe     6.35   28.5   6/30/2021   KY     USD
Odebrecht Finance Ltd         7.5     40               KY     USD
Odebrecht Finance Ltd       4.375  37.23   4/25/2025   KY     USD
Odebrecht Finance Ltd       7.125   33.5   6/26/2042   KY     USD
Odebrecht Finance Ltd        5.25   34.5   6/27/2029   KY     USD
Odebrecht Finance Ltd       5.125     36   6/26/2022   KY     USD
Odebrecht Finance Ltd        8.25     35   4/25/2018   KY     BRL
Odebrecht Finance Ltd           7   53.5   4/21/2020   KY     USD
Odebrecht Finance Ltd           6  41.51    4/5/2023   KY     USD
Odebrecht Finance Ltd        5.25     36   6/27/2029   KY     USD
Odebrecht Finance Ltd       4.375     36   4/25/2025   KY     USD
Odebrecht Finance Ltd       7.125  33.75   6/26/2042   KY     USD
Odebrecht Finance Ltd         7.5   42.5               KY     USD
Odebrecht Finance Ltd        8.25     35   4/25/2018   KY     BRL
Odebrecht Finance Ltd       5.125  35.38   6/26/2022   KY     USD
Odebrecht Finance Ltd           6  38.88    4/5/2023   KY     USD
Odebrecht Finance Ltd           7     44   4/21/2020   KY     USD
Odebrecht Offshore Drilli    6.75     17   10/1/2022   KY     USD
Odebrecht Offshore Drilli   6.625     17   10/1/2022   KY     USD
Odebrecht Offshore Drilli    6.75  17.38   10/1/2022   KY     USD
Odebrecht Offshore Drilli   6.625  17.38   10/1/2022   KY     USD
Petroleos de Venezuela SA    5.25   67.5   4/12/2017   VE     USD
Petroleos de Venezuela SA   12.75   56.1   2/17/2022   VE     USD
Petroleos de Venezuela SA       9  49.38  11/17/2021   VE     USD
Petroleos de Venezuela SA    9.75  44.57   5/17/2035   VE     USD
Petroleos de Venezuela SA       6   38.5   5/16/2024   VE     USD
Petroleos de Venezuela SA       6  36.75  11/15/2026   VE     USD
Petroleos de Venezuela SA   5.375     37   4/12/2027   VE     USD
Petroleos de Venezuela SA     5.5  36.75   4/12/2037   VE     USD
Petroleos de Venezuela SA       6  32.13  10/28/2022   VE     USD
Petroleos de Venezuela SA       6   36.4  11/15/2026   VE     USD
Petroleos de Venezuela SA       6  35.35   5/16/2024   VE     USD
Petroleos de Venezuela SA    9.75   41.7   5/17/2035   VE     USD
Petroleos de Venezuela SA       9  45.25  11/17/2021   VE     USD
Petroleos de Venezuela SA   12.75  46.15   2/17/2022   VE     USD
Polarcus Ltd                  5.6  44.93   3/30/2022   AE     USD
Provincia de Rio Negro     1.6148     62    5/4/2024   AR     ARS
PSOS Finance Ltd            11.75  60.13   4/23/2018   KY     USD
Republic of Ecuador Minis    8.45  69.22   9/30/2034   EC     USD
Republic of Ecuador Minis    7.75  74.88  12/19/2028   EC     USD
Republic of Ecuador Minis     7.7   73.6    7/1/2029   EC     USD
Republic of Ecuador Minis    7.75  74.99   11/8/2028   EC     USD
Republic of Ecuador Minis    8.45  69.22   9/30/2034   EC     USD
Republic of Ecuador Minis     7.7  73.77   6/12/2029   EC     USD
Republic of Ecuador Minis    8.45  69.39   9/10/2034   EC     USD
Republic of Ecuador Minis    8.45  69.75   7/17/2034   EC     USD
Republic of Ecuador Minis    8.45  69.39   9/10/2034   EC     USD
Republic of Ecuador Minis     7.7  72.81   9/30/2029   EC     USD
Republic of Ecuador Minis     7.7  73.78   6/11/2029   EC     USD
Republic of Ecuador Minis     7.7   73.6    7/1/2029   EC     USD
Republic of Ecuador Minis    8.45  69.98   6/11/2034   EC     USD
Republic of Ecuador Minis    8.45  69.98   6/11/2034   EC     USD
Republic of Ecuador Minis     7.7  73.77   6/12/2029   EC     USD
Republic of Ecuador Minis     7.7  72.99   9/10/2029   EC     USD
Republic of Ecuador Minis    8.45  69.97   6/12/2034   EC     USD
Republic of Ecuador Minis    7.75  74.88  12/19/2028   EC     USD
Republic of Ecuador Minis    8.45  70.84    2/6/2034   EC     USD
Republic of Ecuador Minis    8.45  70.55   3/19/2034   EC     USD
Republic of Ecuador Minis    8.45  69.85    7/1/2034   EC     USD
Republic of Ecuador Minis    8.45  70.45    4/2/2034   EC     USD
Republic of Ecuador Minis     7.7  72.81   9/30/2029   EC     USD
Republic of Ecuador Minis    8.45  69.75   7/17/2034   EC     USD
Republic of Ecuador Minis    8.45  69.74   5/30/2034   EC     USD
Republic of Ecuador Minis    8.45  69.97   6/12/2034   EC     USD
Republic of Ecuador Minis    7.75  74.99   11/8/2028   EC     USD
Republic of Ecuador Minis    8.45  69.85    7/1/2034   EC     USD
Republic of Ecuador Minis    8.45  70.45    4/2/2034   EC     USD
Republic of Ecuador Minis    8.45  69.74   5/30/2034   EC     USD
Republic of Ecuador Minis     7.7  73.78   6/11/2029   EC     USD
Republic of Ecuador Minis    8.45  70.84    2/6/2034   EC     USD
Republic of Ecuador Minis     7.7  72.99   9/10/2029   EC     USD
Republic of Ecuador Minis    8.45  70.55   3/19/2034   EC     USD
Samarco Mineracao SA        4.125  37.25   11/1/2022   BR     USD
Samarco Mineracao SA         5.75   36.6  10/24/2023   BR     USD
Samarco Mineracao SA        5.375  35.38   9/26/2024   BR     USD
Samarco Mineracao SA        4.125  37.38   11/1/2022   BR     USD
Samarco Mineracao SA         5.75  39.63  10/24/2023   BR     USD
Samarco Mineracao SA        5.375  37.25   9/26/2024   BR     USD
Siem Offshore Inc            5.69  52.25   1/30/2018   NO     NOK
Siem Offshore Inc            5.49  51.75   3/28/2019   NO     NOK
Transocean Inc               5.05  74.75  10/15/2022   KY     USD
Transocean Inc                6.8  63.66   3/15/2038   KY     USD
Transocean Inc                7.5  65.78   4/15/2031   KY     USD
Transocean Inc                9.1  70.41  12/15/2041   KY     USD
Transocean Inc               7.45   74.9   4/15/2027   KY     USD
Transocean Inc                  8  73.55   4/15/2027   KY     USD
Uruguay Notas del Tesoro     5.25  61.99  12/29/2021   UY     UYU
US Capital Funding IV Ltd 0.99305  43.92   12/1/2039   KY     USD
US Capital Funding IV Ltd 0.99305  43.92   12/1/2039   KY     USD
Venezuela Government Inte    9.25  49.03   9/15/2027   VE     USD
Venezuela Government Inte   11.75   49.5  10/21/2026   VE     USD
Venezuela Government Inte   11.95   49.5    8/5/2031   VE     USD
Venezuela Government Inte    7.75  47.38  10/13/2019   VE     USD
Venezuela Government Inte  13.625  65.25   8/15/2018   VE     USD
Venezuela Government Inte   9.375  45.85   1/13/2034   VE     USD
Venezuela Government Inte       7  52.85   12/1/2018   VE     USD
Venezuela Government Inte       7     42   3/31/2038   VE     USD
Venezuela Government Inte       9   45.5    5/7/2023   VE     USD
Venezuela Government Inte    9.25   45.5    5/7/2028   VE     USD
Venezuela Government Inte    8.25  44.38  10/13/2024   VE     USD
Venezuela Government Inte       6   43.5   12/9/2020   VE     USD
Venezuela Government Inte  13.625   56.5   8/15/2018   VE     USD
Venezuela Government Inte    7.65  43.25   4/21/2025   VE     USD
Venezuela Government Inte  13.625  59.69   8/15/2018   VE     USD
Venezuela Government Inte   12.75   53.5   8/23/2022   VE     USD
Venezuela Government TICC    5.25  53.23   3/21/2019   VE     USD
VRG Linhas Aereas SA        10.75  25.63   2/12/2023   BR     USD
VRG Linhas Aereas SA        10.75  25.63   2/12/2023   BR     USD
XLIT Ltd                      6.5     70               IE     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 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 * * *