Richard Bravo on Muck Rack

Richard Bravo Verified

New York, New York
Editor — Bloomberg News
Is this you? Contact us to claim or edit this page

Editor at Bloomberg News. Rapha Continental rider. Dow Jones, Reuters, Conde Nast alum. Any views expressed are my own.

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.

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

bloomberg.com — 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.

Even Winners in Energy Future Bankruptcy Can’t Celebrate

bloomberg.com — Even the winners in the bankruptcy of Energy Future Holdings Corp. have little to celebrate after months of wrangling resulted in compromises for everyone. To get a deal done, everyone had to give up something, people with knowledge of the negotiations said.

Energy Future Owners KKR, TPG Investments Almost Erased

bloomberg.com — Energy Future Holdings Corp. sponsors including Henry Kravis and David Bonderman, who took the company private seven years ago in a record leveraged buyout, will salvage 1 percent of the stock of the reorganized company as it goes through bankruptcy court.
More Articles →
Oct 21, 2014

Ebola’s Economic Fallout Can’t Be Quarantined in Africa bloom.bg/1vEmNSk via @BloombergNews

Oct 21, 2014

ECB Said to Buy Italian Bonds in Second Day of Purchases bloom.bg/ZMpvJ2 via @BloombergNews Europe Stocks, S&P Futures Rise

Oct 20, 2014

Keep Portland Weird. Someone sets a shotgun tripwire on a bike trail. bit.ly/1uvhK2e

Oct 20, 2014

The Cam'ron Ebola Mask, perfect way to be safe AND stylish. bit.ly/1t5y2nh #ebola

Oct 20, 2014

Amazing pics from this year's Rapha Gentlemen's Race in Colorado bit.ly/1rnensg @rapha @KevmoBikes

Oct 20, 2014

Russia Rating Cut by Moody’s on Sluggish Economic Growth bloom.bg/1sDrUzS via @BloombergNews

Oct 20, 2014

Did Bank Rules Kill Liquidity? Volcker, Frank Respond bloom.bg/1wfiyMc via @BloombergNews

Learn how to connect with Richard on social media by joining Muck Rack Pro


Are You a Journalist?

Make a Portfolio

Create a free Muck Rack account to customize your profile and upload a portfolio of your best work.


Share This Profile