TCRLA_Public/171025.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

               Wednesday, October 25, 2017, Vol. 18, No. 212


                            Headlines



A R G E N T I N A

ARGENTINA: President Says Voters Backed His Pro-Market Agenda
ARGENTINA: President to Push Tax Cuts, Austerity Measures
NAVIOS SOUTH: S&P Assigns 'B-' Rating on New $100MM Term Loan


B R A Z I L

JBS SA: Suspending Work at Seven Facilities


D O M I N I C A N   R E P U B L I C

DOMINICAN REP: Bank Eyes RD$11MM for Loans at 8%, Mortgage at 9%


P U E R T O    R I C O

INVERSIONES ARAXI: Taps Juan Ruiz Reyes as Accountant
MAC ACQUISITION: Wants to Obtain $5-Mil. Financing From Raven
RFI MANAGEMENT: Hurricane Maria Delays Filing of Chapter 11 Plan
RFI MANAGEMENT: Fourth Interim Cash Use Order Entered


T R I N I D A D  &  T O B A G O

TRINIDAD & TOBAGO: Crops Hit Hard


                            - - - - -


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


ARGENTINA: President Says Voters Backed His Pro-Market Agenda
-------------------------------------------------------------
EFE News reports that Argentinian president Mauricio Macri has
said after the ruling center-right Cambiemos (Let's Change)
coalition won key victories in mid-term legislative elections over
the weekend that voters had endorsed his pro-market reform agenda
at the polls.

"We're here to help all Argentines do better, whether they voted
for us or not.  We hope those who didn't vote for us also will
find reason to be enthusiastic," Mauricio Macri said at a press
conference in Buenos Aires just hours after Cambiemos came out on
top in the country's five main congressional districts, according
to EFE News.

                           *     *    *

In May 2017, Fitch Ratings affirmed Argentina's Long-Term Foreign
and Local Currency Issuer Default Ratings (IDRs) at 'B' with a
Stable Outlook. The issue ratings on Argentina's senior unsecured
Foreign and Local Currency bonds are also affirmed at 'B'. The
Country Ceiling is affirmed at 'B' and the Short-Term Foreign and
Local Currency IDRs at 'B'.  The Stable Outlook reflects Fitch's
expectation that macroeconomic variables will improve gradually
over the forecast horizon, but that the political environment
continues to pose relevant risks, as the policy shift underway
under the Macri administration does not count on broad-based
social and political support to ensure its resilience through
economic and electoral cycles.

In January 2017, Moody's Investors Service assigned a B3 rating
to the Government of Argentina's US$3.25 billion bond due 2022 and
the US$3.75 billion bond due 2027. The outlook on the Government
of Argentina's rating is stable. By March 2017, Moody's affirmed
Argentina's B3 issuer rating and changed the ratings outlook to
positive from stable. In a late September 2017 release, Moody's
said it expects the Argentine economy to grow by 3% in 2017 and by
3.5% in 2018.


ARGENTINA: President to Push Tax Cuts, Austerity Measures
---------------------------------------------------------
Taos Turner at The Wall Street Journal reports that Argentinian
President Mauricio Macri, buoyed by a sweeping nationwide victory
in midterm congressional elections, vowed to push ahead with tax
cuts and austerity measures aimed at overhauling Argentina's
economy.

Mr. Macri, speaking at a news conference, defended a decision to
raise gasoline prices by about 10%, just hours after the election,
saying this is necessary to reduce a bloated fiscal deficit and
curb double-digit inflation, according to The Wall Street Journal.

"We can't keep taking on debt forever and Argentines can't afford
to pay more taxes, so we have to move towards lowering taxes too,"
Mr. Macri said, the report notes.

Mr. Macri said his top priority is to reduce a 28.6% poverty rate
and that this requires lowering inflation and cutting costly
government subsidies for some public services. He reiterated plans
to cut the fiscal deficit to 3.2% next year and 2.2% in 2019, the
report relays.

The report discloses that the president plans to submit bills to
Congress soon to overhaul the tax code, cut the deficit and make
it less expensive to hire and employ workers, officials say.

Mr. Macri was elated by the election results. His ruling Let's
Change coalition won more than 40% of the vote nationwide,
virtually unprecedented for a new political movement in a country
long dominated by Peronism, an ideologically diverse political
platform loyal to big labor unions, the WSJ says.  The coalition
picked up 21 seats in the Lower House of Congress and nine in the
Senate, winning key elections in Argentina's five most populated
districts -- the first time that's happened since 1985, the report
relays.

"Macri's electoral sweep in the regions solidify his ability to
drive through further economic reforms in the next two years and
enhance his chances in the 2019 presidential elections," Exotix
Capital said in a report, the report discloses.

Argentina's currency strengthened 15 cents to 17.50 to the U.S.
dollar early Oct. 23, reflecting expectations that investors may
inject more dollars into the economy.

Federico Sturzenegger, the head of Argentina's central bank, has
long said that an influx of foreign investment dollars could
pressure on the peso, the report relays.  And investors may now be
more likely to bet on Argentina, especially given the poor
performance of Mr. Macri's populist predecessor, Cristina
Kirchner, the report notes.

Mr. Macri's top Senate candidate in Buenos Aires province, Esteban
Bullrich, outpolled Mrs. Kirchner by about 41% to 37%, potentially
weakening her hopes of regaining control over the Peronist
movement, the report relays.  Though Mrs. Kirchner won one of
three Senate seats at stake in the province, her failure to beat
Mr. Bullrich could embolden her Peronist rivals, many of whom
support Mr. Macri and don't want her in the presidency again, the
report notes.

Still, Mrs. Kirchner has made unexpected comebacks in the past and
Mr. Macri's plans to keep raising public utility prices could
prove unpopular with middle-class voters, the report relays.  The
decision to raise fuel prices on Oct. 23 shows how critical such
measures are for the administration, the report relays.

Though Mrs. Kirchner's defeat is a boost to Mr. Macri, it also
"lifts the threat of the return of the left-wing, populist
Peronism she espouses," Verisk Maplecroft analyst Jimena Blanco
said in a note to investors, the report discloses.

Administration officials, though, are aware of the unpopular
nature of some of their policies, the report says.  Mr. Macri's
cabinet chief, Marcos Pena, said Monday that the government will
invest more in social programs than any presidency in history, the
report relates.

Mr. Pena also said the government will continue its gradualist
approach to overhauling the economy and doesn't plan to make
abrupt changes to public policy, the report notes.

"We will be there for the most vulnerable sectors," Mr. Pena said,
the report relates.

                    Corrections & Amplifications

Mr. Macri reiterated plans to cut the fiscal deficit to 3.2% next
year and 2.2% in 2019, the report notes.  An earlier version of
this article incorrectly stated that the plans were to reduce the
deficit to 3.2% this year and 2.2% in 2018, the report adds.

                          *     *    *

In May 2017, Fitch Ratings affirmed Argentina's Long-Term Foreign
and Local Currency Issuer Default Ratings (IDRs) at 'B' with a
Stable Outlook. The issue ratings on Argentina's senior unsecured
Foreign and Local Currency bonds are also affirmed at 'B'. The
Country Ceiling is affirmed at 'B' and the Short-Term Foreign and
Local Currency IDRs at 'B'.  The Stable Outlook reflects Fitch's
expectation that macroeconomic variables will improve gradually
over the forecast horizon, but that the political environment
continues to pose relevant risks, as the policy shift underway
under the Macri administration does not count on broad-based
social and political support to ensure its resilience through
economic and electoral cycles.

In January 2017, Moody's Investors Service assigned a B3 rating
to the Government of Argentina's US$3.25 billion bond due 2022 and
the US$3.75 billion bond due 2027. The outlook on the Government
of Argentina's rating is stable. By March 2017, Moody's affirmed
Argentina's B3 issuer rating and changed the ratings outlook to
positive from stable. In a late September 2017 release, Moody's
said it expects the Argentine economy to grow by 3% in 2017 and by
3.5% in 2018.


NAVIOS SOUTH: S&P Assigns 'B-' Rating on New $100MM Term Loan
-------------------------------------------------------------
S&P Global Ratings assigned its 'B-' issue-level rating to Navios
South American Logistics Inc.'s (Navios Logistics) proposed $100
million senior secured term loan facility due in 2021. At the same
time, S&P revised its SACP on the company to 'b' from 'b+'. S&P
also affirmed its 'B-' corporate credit and senior unsecured notes
ratings on the company.

The ratings on Navios Logistics reflect the ratings on its parent
company, Navios Maritime Holdings Inc. (B-/Stable/--). S&P said,
"We continue to view Navios Logistics as a strategically important
subsidiary because it contributes about 40% of the group's EBITDA
and remains the growth driver for the group. Navios Logistics'
stand-alone credit quality is, in our opinion, stronger than that
of its parent, as seen in the subsidiary's 'b' SACP. Nevertheless,
we cap our ratings on Navios Logistics at those on the group,
because the latter controls and consolidates the company's
financials and has access to liquidity from its subsidiary--as
evidenced in Navios Logistics' proposed senior term loan facility.
The company plans to use the proceeds mainly to perform a dividend
distribution."



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


JBS SA: Suspending Work at Seven Facilities
-------------------------------------------
Agnet West reports that JBS SA said it would suspend its cattle
purchases and slaughter activities at seven facilities for an
indefinite period.

Meat industry publication Meatingplace reports that the move
follows a local court decision that decided to freeze the U.S.
equivalent of $230 million in assets belonging to the controlling
company of JBS, according to Agnet West.

The assets were blocked following the request of a Parliamentary
Commission of Inquiry on Tax Irregularities, the report notes.
The Commission was installed after former CEO Wesley Batista
revealed in his plea bargain testimony to prosecutors earlier this
year that false invoices were used to justify the outflow of money
to pay bribes to politicians in exchange for tax incentives, the
report relays.

JBS decided to halt operations in its seven units in the state due
to "legal uncertainty," but said that employees would continue to
receive their salaries normally "until the company has a
definition on the subject," the report adds.

As reported in the Troubled Company Reporter-Latin America on
Oct. 23, 2017, Moody's Investors Service downgraded JBS S.A.
corporate family rating to B3 from B2, senior unsecured ratings of
its wholly-owned subsidiary JBS USA Lux S.A. ("JBS USA") to B2
from B1 and JBS USA senior secured ratings to B1 from Ba3. The
outlook for all ratings is negative. This concludes the review for
downgrade initiated on May 22, 2017 after executives of JBS S.A.
and its controlling entity, J&F Investimentos, entered into a plea
bargain agreement with the Federal Public Prosecutor's Office
concerning allegations of corruption.



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


DOMINICAN REP: Bank Eyes RD$11MM for Loans at 8%, Mortgage at 9%
-----------------------------------------------------------------
Dominican Today reports that Dominican Republic's economy grew 4%
between January and August, Central banker Hector Valdez Albizu
affirmed in a speech to mark the institution's 70th anniversary.

He also announced that he will submit measures to the Monetary
Board to further encouraging credit for agriculture, micro and
small businesses and others productive sectors, according to
Dominican Today.

The official said he will ask the Monetary Board to release
RD$11.0 billion from the bank reserve pending placement, for loans
to any sector that requires one, at a fixed 5-year rate of 8% for
all sectors and 9% for mortgage loans, the latter long term, the
report notes.

As reported in Troubled Company Reporter-Latin America on July 24,
2017, Moody's Investors Service has upgraded the Dominican
Republic's long term issuer and debt ratings to Ba3 from B1 and
changed the outlook to stable from positive, based on the
following key drivers:

(1)  The Dominican Republic's continued robust growth outlook
     compared to rating peers, coupled with a reduction in
     external risks as current account deficits have declined and
     international reserves have increased.

(2)  The reduction in fiscal deficits over the last four years and
     Moody's expectation that fiscal deficits will remain shy of
     3% of GDP, supported by fiscal restraint and reduced
     transfers to the electricity sector.



======================
P U E R T O    R I C O
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INVERSIONES ARAXI: Taps Juan Ruiz Reyes as Accountant
-----------------------------------------------------
Inversiones Araxi Group Corp. and its affiliates have filed
separate applications seeking approval from the U.S. Bankruptcy
Court for the District of Puerto Rico to hire an accountant.

In their applications, Inversiones, PR 1 Investment Rooms Corp.
and Buena Vista Plantation Corp. propose to employ Juan Ruiz Reyes
to provide general accounting and financial counseling services in
connection with their Chapter 11 cases.

Mr. Reyes will charge an hourly fee of $150 and will receive in
advance a retainer fee in the amount of $1,000.

In a court filing, Mr. Reyes disclosed that he is a "disinterested
person" as defined in section 101(14) of the Bankruptcy Code.

Mr. Reyes maintains office at:

     Juan A. Ruiz Reyes
     Urb. Los Laureles
     26 Los Robles St.
     Cayey, PR 00736
     Tel: (787)738-0850
     Email: ruizreyesjuan@yahoo.com

The Debtors are represented by:

     Gerardo L Santiago Puig, Esq.
     GSP Law, P.S.C.
     Doral Bank Plaza Suite 801
     33 Resolucion St.
     San Juan, PR 00920
     Tel: 787-777-8000
     Fax: 787-767-7107
     Email: gsantiagopuig@gmail.com

                About Inversiones Araxi Group Corp.

Inversiones Araxi Group is a small organization in the hotels and
motels industry located in Caguas, Puerto Rico.

Inversiones, Buena Vista Plantation Corp. and PR 1 Investment
Rooms Corp. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.P.R. Case Nos. 17-05575 to 17-05577) on August 8,
2017. Luis J. Perez Delgado, president, signed the petitions.

Judge Edward A. Godoy presides over the cases.  GSP Law, P.S.C.
represents the Debtors as bankruptcy counsel.

At the time of the filing, the Debtors disclosed these assets and
liabilities:

                                    Estimated   Estimated
                                       Assets   Liabilities
                                    ---------   -----------
Inversiones Araxi                    $1M-$10M      $1M-$10M
Buena Vista                         $100K-$500K    $1M-$10M
PR 1 Investment                       $0-$50K      $1M-$10M

Inversiones Araxi and Buena Vista Plantation previously sought
bankruptcy protection on March 31, 2016 (Bankr. D.P.R. Case No.
16-02428 and 16-02426, respectively).


MAC ACQUISITION: Wants to Obtain $5-Mil. Financing From Raven
-------------------------------------------------------------
Mac Acquisition LLC and its affiliated debtors ask for permission
from the U.S. Bankruptcy Court for the District of Delaware to
obtain up to $5,000,000 in principal amount of postpetition
financing from Raven Asset-Based Opportunity Fund III, LP, and use
cash collateral.

The Debtors will be guarantors under the DIP Agreement: (i) Mac
Parent LLC; (ii) Mac Holding LLC; (iii) Mac Acquisition of New
Jersey LLC; (iv) Mac Acquisition of Kansas LLC; (v) Mac
Acquisition of Anne Arundel County LLC; (vi) Mac Acquisition of
Frederick County LLC; (vii) Mac Acquisition of Baltimore County
LLC; and (viii) Macaroni Grill Services LLC.

These non-debtors will also be Guarantors under the DIP Agreement,
in whole or in part: (i) RMG Development, LLC; (ii) Mac
Acquisition IP LLC; (iii) Dean A. Riesen; (iv) Richard Monfort;
(v) Monfort Family Limited Partnership I; (vi) RedRock Partners,
LLC; (vii) Riesen & Company, LLC; and (viii) Barbara H. Riesen.

Proceeds will be used to provide working capital and for general
corporate purposes, subject to the Budget and the terms and
conditions of the DIP Agreement and DIP court orders, including to
(i) fund costs of the administration of the Chapter 11 cases; and
(ii) fund the adequate protection payments contemplated under the
DIP court orders.

The loan will have an interest rate of a per annum rate equal to
12%.  It will have a default rate of a per annum rate equal to
5.00% higher than the non-default rate.  The maturity date under
the DIP Agreement means the earliest of (i) 120 days after the
Petition Date, (ii) the date that the DIP Loan will become due and
payable in full, whether by acceleration or otherwise, or (iii)
the effective date of a Chapter 11 plan.

Commitment fee payable to DIP Agent, for the account of each DIP
Lender, on the Closing Date will be in the amount of $263,160,
which will be paid in kind and added to the principal amount of
the DIP Facility on the Closing Date.  Agent fee payable to the
DIP Agent, as administrative agent under the DIP Agreement, on the
Closing Date will be in cash in the amount of $10,000.

First lien lender Bank of Colorado and each holder of subordinate
liens and related rights are entitled to and are by the interim
court order granted adequate protection of their respective
interests in their respective collateral, including the
prepetition collateral and cash collateral, in an amount equal to
the aggregate diminution in value of their respective interests in
collateral occurring on or after the Petition Date, including
without limitation, any diminution resulting from the use by the
Debtors of the cash collateral and any other Prepetition
collateral and the imposition of the automatic stay pursuant to
Section 362 of the U.S. Bankruptcy Code, as follows:

     (a) Adequate Protection Liens: continuing valid, binding,
         enforceable and perfected, liens and security interests
         in and on all of the DIP Collateral to the extent of the
         Adequate Protection Obligations.  The Adequate Protection

         Liens granted by the interim court order will be silent,
         subordinated liens and the holders thereof will have no
         rights of enforcement against collateral other than the

         right to receive proceeds of collateral in the order of
         priority set forth in the interim court order.  The
         Adequate Protection Liens will (a) be subordinate to: (1)

         the carve-out, (2) the prepetition first liens, (3) the
         prior liens, and (4) the DIP Liens.  The Adequate
         Protection Liens of the First Lien Lender will be
         superior and prior to the Adequate Protection Liens of
         each holder of Subordinate Liens and related rights;

     (b) 507(b) Claims: an allowed super-priority administrative
         expense claim subject to proof against each Debtor and
         its respective estate to the extent that the adequate
         protection afforded in the interim court order for any
         Adequate Protection Obligations proves to be inadequate.
         The 507(b) Claims, if any, under the interim court order
         will be subordinate to the carve-out and the super-
         priority claim.  Any 507(b) Claim of the First Lien
         Lender will be superior and prior to any 507(b) Claim of
         a holder of Subordinate Liens and related rights.  Except

         as expressly permitted in the interim court order, no
         cost or expense of administration under any provision of
         the Bankruptcy Code will be senior to, equal to, or pari
         passu with, any 507(b) Claim granted by the interim
         court order.  The 507(b) Claim will be payable from, and
         have recourse to, any and all property and assets of each

         Debtor, subject to the carve-out and super-priority
         claim, but not in any event to the proceeds of Avoidance
         Actions until entry of a final court order on the DIP
         Facility; and

     (c) Adequate Protection Payments: subject to the review
         procedures and limitations set forth in the DIP court
         orders, the Debtors will promptly pay on a current basis
         the First Lien Lender's reasonable out-of-pocket fees,
         costs and expenses of the First Lien Lender's attorneys
         in connection with (w) the negotiation and administration

         of the cash collateral use arrangement implemented by the

         interim court order, (x) the review and negotiation of
         any amendment, supplement, waiver or modification to the
         interim court order, the DIP documents and any
         documentation related thereto or thereto, (y) the
         monitoring of and involvement and participation in the
         cases or any successor cases and the consummation and
         administration of the transactions contemplated by the
         interim court order and the DIP Documents and (z) the
         preservation and protection of the First Lien Lender's
         rights under the interim court order or any documentation

         related thereto, in each case whether or not amounts are
         included in the budget or arose before or after the
         Petition Date, all without further notice, motion, fee
         application or order of the Court and whether the
         interest, fees, costs and expenses accrued prior to or
         after the Petition Date, subject in all respects to the
         terms of the DIP court order.

In addition, so long as no default has occurred under the DIP
Order and DIP Documents, the First Lien Lender will receive
current payment of post-petition interest at the non-default rate
of interest set forth in and otherwise subject to the terms and
conditions of the First Lien Loan Documents.

The DIP Agreement contains certain milestones, including (i) the
filing of a Chapter 11 plan within five business days of the
Petition Date, (ii) entry of the final DIP court order within 30
calendar days of the Petition Date, (iii) entry of a court order
approving the disclosure statement within 60 calendar days of the
Petition Date, (iv) entry of a court order confirming a Chapter 11
plan within 110 days of the Petition Date; and (v) the Chapter 11
plan shall be effective within 120 days of the Petition Date.  The
DIP Agreement also requires the Debtors to implement a bidding and
sale process if the disclosure statement and plan are not approved
or confirmed (as applicable) by the respective dates.

The DIP Facility and the exit facility will be secured by
substantially all of the assets of the Debtors, but that lien will
be subordinate to any valid, unavoidable lien held by Bank of
Colorado and certain other prior liens, all as set forth in the
interim DIP court order.

The Debtors are authorized to use cash collateral subject to and
in accordance with the terms, conditions, and limitations set
forth in the interim court order, the budget and the DIP
Documents.  Cash collateral includes, without limitation, all of
the cash proceeds of the accounts receivable, inventory and other
property constituting prepetition collateral in which any secured
lender, including, without limitation, the DIP Agent, the DIP
Lenders, the First Lien Lender or the holder of Subordinate Liens
and related rights has an interest, whether interest existed as of
the Petition Date or arises thereafter pursuant to the interim
court order, any other order of the Court, applicable law or
otherwise; provided, however, that cash collateral will not
include the DIP Loans or proceeds of the DIP Facility.

A copy of the Debtors' Motion is available at:

          http://bankrupt.com/misc/deb17-12224-13.pdf

                   About Romano's Macaroni Grill

Mac Acquisition LLC, et al. -- https://www.macaronigrill.com/ --
operate full-service casual dining restaurants under the trade
name, "Romano's Macaroni Grill."  As of Oct. 18, 2017, the company
operates 93 company-owned restaurants located in 23 states, with a
workforce of approximately 4,600 employees.  Non-debtor affiliate
RMG Development franchises an additional 23 restaurants in
Florida, Hawaii, Illinois, Texas, Puerto Rico, Mexico, Bahrain,
Egypt, Oman, the United Arab Emirates, Qatar, Germany, and Saudi
Arabia.

During 2016, the Debtors and RMG generated gross revenues through
restaurant sales and franchisee payments of approximately $230
million.

On Oct. 18, 2017, Mac Acquisition LLC, and eight affiliates sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 17-12224).

Mac Acquisition's estimated assets of $10 million to $50 million
and debt at $50 million to $100 million.

The Hon. Mary F. Walrath is the case judge.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
Delaware bankruptcy counsel; Gibson, Dunn & Crutcher LLP, as
general bankruptcy counsel; Mackinac Partners, LLC, and financial
advisor.  Donlin, Recano & Company, Inc., is the claims agent, and
maintains the Web site at https://www.donlinrecano.com/mg


RFI MANAGEMENT: Hurricane Maria Delays Filing of Chapter 11 Plan
----------------------------------------------------------------
RFI Management, Inc. asks the U.S. Bankruptcy Court for the Middle
District of North Carolina to extend its exclusive periods to file
a plan of reorganization and obtain acceptance of the plan up to
and including October 25, 2017.

Pursuant to Section 1121(e)(1), the Debtor has the exclusive right
to file a plan in the first 180 days after the Petition Date -- up
to and including September 25, 2017.

The Debtor relates that its President, Edward Rosa, was in Puerto
Rico working on a project when Hurricane Maria struck the island.
Due to the extent of damage on the island, including the lack of
electricity and communications, the Debtor tells the Court that
Mr. Rosa has not been able to review and approve the plan of
reorganization and disclosure statement that the Debtor's counsel
has prepared.  The Debtor says a 30-day delay should allow time
for Mr. Rosa to return to the United States.

                       About RFI Management

RFI Management, Inc., works as a subcontractor installing flooring
products and wall materials, principally in hotel properties
across the United States and in Puerto Rico.

RFI Management filed a Chapter 11 bankruptcy petition (Bankr.
M.D.N.C. Case No. 17-80247) on March 29, 2017.  Edward Rosa,
President, signed the petition.  At the time of filing, the Debtor
estimated assets and liabilities between $100,000 and $500,000.

James C. White, Esq. and Michelle M. Walker, Esq., at Parry
Tyndall White, serve as counsel to the Debtor.  Padgett Business
Services of NC is the Debtor's accountant.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.


RFI MANAGEMENT: Fourth Interim Cash Use Order Entered
-----------------------------------------------------
The Hon. Benjamin A. Kahn of the U.S. Bankruptcy Court for the
Middle District of North Carolina has entered a fourth interim
consent order authorizing RFI Management, Inc., to use cash
collateral from Oct. 5, 2017, until Oct. 19, 2017.

A hearing on the Debtor's cash collateral use was scheduled for
Oct. 19, 2017.

Swift Financial Corporation d/b/a Swift Capital contends that it
is the owner of the Debtor's future receivables.  It also contends
that it has a security interest in Debtors present and future
accounts, receivables, chattel paper, deposit accounts, personal
property, assets and fixtures, general intangibles, instruments,
equipment and inventory, which constitutes cash collateral as
defined in Section 363 of the U.S. Bankruptcy Code.

Swift Capital will have a continuing post-petition lien and
security interest in all property and categories of property of
the Debtor in which and of the same priority as it held a similar,
unavoidable security interest as of the Petition Date, and the
proceeds thereof, whether acquired pre-petition or post-petition,
equivalent to a lien granted under Sections 364(c)(2) and (3) of
the Bankruptcy Code, but only to the extent of cash collateral
used for purposes other than adequate protection payments to Swift
Capital.  The validity, enforceability, and perfection of the
aforesaid post-petition liens on the post-petition collateral will
not depend upon filing, recordation, or any other act required
under applicable state or federal law, rule, or regulation.

The Debtor will pay as adequate protection to Swift Capital
pursuant to 11 U.S.C. Sections 361, 362 and 363 the sum of $6,800
each month, to be paid on Oct. 15, 2017.

A copy of the court order is available at:

          http://bankrupt.com/misc/ncmb17-80247-135.pdf

                       About RFI Management

RFI Management, Inc., works as a subcontractor installing flooring
products and wall materials, principally in hotel properties
across the United States and in Puerto Rico.

RFI Management filed a Chapter 11 bankruptcy petition (Bankr.
M.D.N.C. Case No. 17-80247) on March 29, 2017.  Edward Rosa,
President, signed the petition.  At the time of filing, the Debtor
estimated assets and liabilities between $100,000 and $500,000.

James C. White, Esq. and Michelle M. Walker, Esq., at Parry
Tyndall White, serve as counsel to the Debtor.  Padgett Business
Services of NC is the Debtor's accountant.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.



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T R I N I D A D  &  T O B A G O
================================


TRINIDAD & TOBAGO: Crops Hit Hard
---------------------------------
Trinidad Express reports that Shiraz Khan, president of the
Trinidad And Tobago Farmers' Union, has called on the Government
to assist farmers get back on their feet.

Mr. Khan said vegetable and livestock farmers were severely
affected by the recent flooding, according to Trinidad Express.

He said, "This was a terrible one for farmers, we suffered a hell
of a loss this time around. It was worse than Tropical Storm
Bret," the report notes.


                            ***********


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, Julie Anne L. Toledo, Ivy B. Magdadaro, and Peter A.
Chapman, Editors.

Copyright 2017.  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 Joseph Cardillo at
856-381-8268.


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