Editor at Bloomberg News @business - Rapha Continental cyclist @rapha - Dow Jones, Reuters, Conde Nast alum. Any views expressed are my own.

De Blasio Says NYC Facing One of Largest Storms in Its History

bloomberg.com — New York Mayor Bill de Blasio warned residents to prepare for as much as three feet (91 centimeters) of snow as an impending storm threatens to be the biggest in the city's history. All city agencies are on high alert as New York sanitation workers scramble to maintain 6,000 miles of road, the mayor said Sunday at a press conference.

Caesars backed on bankruptcy

philly.com — Posted: Sunday, January 11, 2015, 1:09 AM Casino operator Caesars Entertainment Corp., owner of Caesars, Bally's, and Harrah's Resort in Atlantic City and Harrah's Philadelphia in Chester, has won the necessary support for a plan to put its biggest unit into bankruptcy as soon as Thursday.

Caesars Gets Ample Creditor Support to Implement Bankruptcy Plan

bloomberg.com — Caesars Entertainment Corp. (CZR) 's restructuring plan has the support of more than 67 percent of first-lien bondholders, enough to enable the casino operator's largest unit to reorganize in bankruptcy, according to a statement today.

Energy Future Bonds Surge After Disclosure of Intercompany Loan

bloomberg.com — Bonds of Texas Competitive Electric Holdings Co. soared the highest in at least two years after it was disclosed a loan made to parent company Energy Future Holdings Corp. may boost the unit's value. Texas Competitive's $1.23 billion of 15 percent, second-lien notes due April 2021 rose 4.5 cents on the dollar to 50.75 cents at 10:57 a.m.

Holdout Fidelity Gets $200 Million Haul in Energy Future Bet

businessweek.com — Bloomberg News Fidelity Investments, which drew the ire of Energy Future Holdings Corp. and its creditors by playing hardball during restructuring talks, is reaping the rewards of a bidding war over the former TXU Corp.'s prized asset.

Energy Future Said to Revise Loan Backing Restructuring

bloomberg.com — Energy Future Holdings Corp., the subject of the largest leveraged-buyout ever, revised a $1.9 billion loan to help it emerge from bankruptcy after a group of creditors submitted a competing plan with NextEra Energy Inc., according to two people with knowledge of the talks.

Defaulted Energy Future Bonds Soar on Bankruptcy Conflict

bloomberg.com — Energy Future Holdings Corp.'s unsecured bonds are soaring to the highest level in a year as junior creditors challenge the power producer's plan to restructure about $40 billion of debt in bankruptcy.

Energy Future Unit Said to Plan $9 Billion Debt Deal

businessweek.com — A deregulated unit of Energy Future Holdings Corp. that filed for bankruptcy protection last week is planning to issue $9 billion of new debt to pay senior creditors including Apollo Global Management LLC and Oaktree Capital Group LLC, according to two people with knowledge of the deal.

Energy Future Unit Said to Plan $9 Billion Debt Deal

bloomberg.com — A deregulated unit of Energy Future Holdings Corp. that filed for bankruptcy protection last week is planning to issue $9 billion of new debt to pay senior creditors including Apollo Global Management LLC and Oaktree Capital Group LLC, according to two people with knowledge of the deal.

Lasry’s Credit Cabal Gets Top Energy Future Gem: Distressed Debt

businessweek.com — Bloomberg News A group of Energy Future Holdings Corp.'s unsecured bondholders including billionaire Marc Lasry's Avenue Capital Group are poised to walk off owning the most profitable asset of the bankrupt power producer after engineering a deal to avoid a free-for-all restructuring.
More Articles →
Feb 26, 2015

Yield on the German 7Y government bond falls below zero for the first time. pic.twitter.com/VUt6p3cY7x

Feb 25, 2015

An oral history of Simple Minds' 'Don't You (Forget About Me)' Breakfast Club anthem go.spin.com/1FXKonl

Feb 25, 2015

Greek govt bonds have returned 11% YTD, versus: US Treasuries: 1.22% German Bunds: 1.79% bloom.bg/1AK7adL pic.twitter.com/6p87UkOkGg

Feb 25, 2015

Yield on Portugal's 10Y government bond plunges to the lowest since at least 1997. pic.twitter.com/DqR9emLCi0

Feb 25, 2015

The yield on Ireland's 10Y government bond dropped below 1% for the first time on record. pic.twitter.com/hC0ScC6xDi

Feb 24, 2015

Spread between 5Y and 30Y US Treasuries just took a nosedive pic.twitter.com/6KfbBB0khy

Feb 24, 2015

#Greece 10Y govt bond yields plunge to 8.6%, down from 11.2% Jan. 30. pic.twitter.com/ma6LzFpPXu

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