/raid1/www/Hosts/bankrupt/TCRLA_Public/140121.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
Tuesday, January 21, 2014, Vol. 15, No. 14
Headlines
A R G E N T I N A
METROGAS SA: Codelco Signs US$100-Million LNG Deal With Firm
C A Y M A N I S L A N D S
CAPITAL DYNAMICS: Shareholders Receive Wind-Up Report
CRABEL TWO: Shareholders Receive Wind-Up Report
CREON LTD: Shareholders Receive Wind-Up Report
FREEDOM COLLATERALIZED: Shareholders Receive Wind-Up Report
GOLDEN EARS: Shareholders Receive Wind-Up Report
ISAM FEEDER I: Shareholders Receive Wind-Up Report
ISAM TRADING: Shareholders Receive Wind-Up Report
JLOC 5 HOLDING: Shareholders Receive Wind-Up Report
LA SIERRA: Shareholders Receive Wind-Up Report
LEVIN FEEDER I: Shareholders Receive Wind-Up Report
LEVIN TRADING: Shareholders Receive Wind-Up Report
MA CRABEL: Shareholders Receive Wind-Up Report
MA ISAM: Shareholders Receive Wind-Up Report
MA LEVIN: Shareholders Receive Wind-Up Report
OSAKA UNI: Shareholders Receive Wind-Up Report
VISIONCHINA MEDIA: Obtains Extension of Revolving Credit Facility
D O M I N I C A N R E P U B L I C
DOMINICAN REPUBLIC: Some of US$642MM Owed Power Firms to be Paid
J A M A I C A
CARIBBEAN AIRLINES: Doing Well Despite New Competition
M E X I C O
UNION DE CREDITO: Moody's Affirms B3 Deposit Rating, E+ BFSR
T R I N I D A D & T O B A G O
PETROTRIN: Suffers Loss for 2013, Energy Minister Says
X X X X X X X X X
LATIN AMERICAN: S&P Lowers CCR to 'B+' & Removes CreditWatch Neg.
Large Companies With Insolvent Balance Sheets
- - - - -
=================
A R G E N T I N A
=================
METROGAS SA: Codelco Signs US$100-Million LNG Deal With Firm
------------------------------------------------------------
La Prensa reports that Chilean state-owned Codelco has signed a
US$100 million deal to purchase two shipments of LNG from natural
gas distributor Metrogas, part of the copper giant's efforts to
reduce high energy costs.
The agreement calls for Codelco to buy two 165,000-cubic-meter
(5.8-million-cubic-foot) liquefied natural gas shipments, one to
be delivered this year and the other in 2015, according to La
Prensa.
"We've achieved savings that will help the company continue to
reduce production costs, a task in which significant progress was
made in 2013," the report quoted Codelco's energy and water senior
manager, Andres Alonso, as saying.
The deal will ensure natural gas supplies for the company's
Chuquicamata and Radomiro Tomic mines in northern Chile.
The report notes that the agreement confirms the present-day
importance of natural gas in the productive structure both
nationally and globally, Metrogas Chief Executive Officer Victor
Turpaud said.
About MetroGAS S.A.
Headquartered in Buenos Aires, Argentina, MetroGAS S.A. is a
sociedad anonima organized under the laws of the Republic of
Argentina. The registered office and principal place of business
is located at Gregorio Araoz de Lamadrid 1360 - Ciudad Autonoma de
Buenos Aires.
The Company was formed in 1992 and on Dec. 1, 1992, it was
registered as a corporation pursuant the laws of the Republic of
Argentina. The term of duration of the Company expires on Dec. 1,
2091, and its principal business is the provision of natural gas
distribution services.
* * *
As reported in the Troubled Company Reporter - Latin America on
Nov. 4, 2013, Standard & Poor's Ratings Services assigned a 'CCC'
rating to Metrogas S.A.'s recently issued additional series A
notes for about $7.3 million to pay in kind the accrued interests
on the outstanding notes. At the same time, S&P affirmed its
'CCC' corporate credit rating on Metrogas. The outlook is
negative.
==========================
C A Y M A N I S L A N D S
==========================
CAPITAL DYNAMICS: Shareholders Receive Wind-Up Report
-----------------------------------------------------
The shareholders of Capital Dynamics LPE. received on Jan. 3,
2014, the liquidator's report on the company's wind-up proceedings
and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
CRABEL TWO: Shareholders Receive Wind-Up Report
-----------------------------------------------
The shareholders of Crabel Two Plus Feeder I Limited received on
Jan. 3, 2014, the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
CREON LTD: Shareholders Receive Wind-Up Report
----------------------------------------------
The shareholders of Creon Ltd. received on Jan. 3, 2014, the
liquidator's report on the company's wind-up proceedings and
property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
FREEDOM COLLATERALIZED: Shareholders Receive Wind-Up Report
-----------------------------------------------------------
The shareholders of Freedom Collateralized Holdings 1999 CDO, Ltd.
received on Jan. 3, 2014, the liquidator's report on the company's
wind-up proceedings and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
GOLDEN EARS: Shareholders Receive Wind-Up Report
------------------------------------------------
The shareholders of Golden Ears Company Limited received on
Jan. 3, 2014, the liquidator's report on the company's wind-up
proceedings and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
ISAM FEEDER I: Shareholders Receive Wind-Up Report
--------------------------------------------------
The shareholders of ISAM Feeder I Limited received on Jan. 3,
2014, the liquidator's report on the company's wind-up proceedings
and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
ISAM TRADING: Shareholders Receive Wind-Up Report
-------------------------------------------------
The shareholders of Isam Trading Limited received on Jan. 3, 2014,
the liquidator's report on the company's wind-up proceedings and
property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
JLOC 5 HOLDING: Shareholders Receive Wind-Up Report
---------------------------------------------------
The shareholders of JLOC 5 Holding SPV Limited received on Jan. 3,
2014, the liquidator's report on the company's wind-up proceedings
and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
LA SIERRA: Shareholders Receive Wind-Up Report
----------------------------------------------
The shareholders of La Sierra Leasing Co. received on Jan. 3,
2014, the liquidator's report on the company's wind-up proceedings
and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
LEVIN FEEDER I: Shareholders Receive Wind-Up Report
---------------------------------------------------
The shareholders of Levin Feeder I Limited received on Jan. 3,
2014, the liquidator's report on the company's wind-up proceedings
and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
LEVIN TRADING: Shareholders Receive Wind-Up Report
--------------------------------------------------
The shareholders of Levin Trading Limited received on Jan. 3,
2014, the liquidator's report on the company's wind-up proceedings
and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
MA CRABEL: Shareholders Receive Wind-Up Report
----------------------------------------------
The shareholders of MA Crabel Two Plus Limited received on Jan. 3,
2014, the liquidator's report on the company's wind-up proceedings
and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
MA ISAM: Shareholders Receive Wind-Up Report
--------------------------------------------
The shareholders of MA Isam Limited received on Jan. 3, 2014, the
liquidator's report on the company's wind-up proceedings and
property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
MA LEVIN: Shareholders Receive Wind-Up Report
---------------------------------------------
The shareholders of Ma Levin Limited received on Jan. 3, 2014, the
liquidator's report on the company's wind-up proceedings and
property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
OSAKA UNI: Shareholders Receive Wind-Up Report
----------------------------------------------
The shareholders of Osaka Uni Basket Fund received on Jan. 3,
2014, the liquidator's report on the company's wind-up proceedings
and property disposal.
The company's liquidator is:
David Dyer
Telephone: (345)949-8244
Facsimile: (345)949-5223
P.O. Box 1984 Grand Cayman KY1-1104
Cayman Islands
VISIONCHINA MEDIA: Obtains Extension of Revolving Credit Facility
-----------------------------------------------------------------
VisionChina Media Inc., one of China's largest out-of-home digital
television advertising networks on mass transportation systems,
announced that its consolidated variable interest entity,
VisionChina Media Group Co., Ltd., has been granted an extension
of its existing secured revolving credit facility from China
Construction Bank (Shenzhen branch) until January 9, 2015. The
total amount of the renewed credit facility is RMB 130.0 million
(approximately US$21.5 million).
The Credit, which was originally scheduled to expire on January
13, 2014, is secured by the accounts receivable of VisionChina
Media Group and carries an interest rate in a range between 95% to
160% of the People's Bank of China benchmark interest rate. The
interest rate of each borrowing via the Credit is determined at
the time of each draw-down. The Credit is available for general
corporate purposes and working capital, and is prohibited for use
in repayment of merger consideration regarding the acquisition of
Digital Media Group Company Limited or its related litigation
settlement. The Credit contains a restrictive financial covenant
that requires Visions China Media Group to maintain a leverage
ratio of no higher than 65%. Violation of this financial covenant
could result in a default under the Credit, which would permit the
Bank to terminate this revolving credit facility and require
immediate repayment from the Borrower of any outstanding loans
advanced. As of the date of this press release, VisionChina Media
Group had total borrowings of RMB 120.0 million via the Credit at
an interest rate of 6.9%, representing 115% of Benchmark Rate.
Stanley Wang, VisionChina Media's chief financial officer,
commented, "The extended credit facility will continue to provide
adequate liquidity to our company. We believe our existing
available banking credit facilities are sufficient to support our
current business operations and future development."
About VisionChina Media
Shenzhen, PRC-based VisionChina Media Inc., a Cayman Islands
company, believes that it operates the largest out-of-home
advertising network using real-time mobile digital television
broadcasts to deliver content and advertising on mass
transportation systems in China based on the number of displays.
Due to PRC regulatory restrictions on foreign investments in the
advertising and mobile digital television industries, the Company
operates its advertising business in China through its
consolidated affiliated entities.
VisionChina Media Inc. filed on May 30, 2013, its annual report on
Form 20-F for the year ended Dec. 31, 2012. Deloitte Touche
Tohmatsu, in Hong Kong, expressed substantial doubt about
VisionChina Media's ability to continue as a going concern, citing
the Company's recurring losses from operations.
The Company a net loss of US$246.5 million on US$115.7 million of
revenues in 2012, compared with a net loss of US$12.6 million on
US$181.2 million of revenues in 2011.
===================================
D O M I N I C A N R E P U B L I C
===================================
DOMINICAN REPUBLIC: Some of US$642MM Owed Power Firms to be Paid
-----------------------------------------------------------------
Dominican Today reports that the head of Dominican Republic's
State Electric Utility (CDEEE) said the power companies are owed
more than US$642 million, part of which will be paid at month's
end, after reaching an agreement with them.
Ruben Jimenez Bchara, speaking prior to a mass to mark the CDEEE's
59th anniversary at Santo Domingo's Cathedral, also announced the
start of construction of the controversial coal-fired power plants
at the village of Punta Catalina, Bani (south), at a cost of
$1.945 billion, to generate 600 megawatts, according to Dominican
Today.
The report notes that Mr. Bchara added that international
organizations linked to the energy sector agree that it was the
country's best deal possible to generate that amount of energy.
=============
J A M A I C A
=============
CARIBBEAN AIRLINES: Doing Well Despite New Competition
------------------------------------------------------
RJR News reports that Caribbean Airlines Limited has not to date
suffered any fallout from new competition from Fly Jamaica on two
of its routes -- Kingston to Toronto and Georgetown to Toronto
routes.
In mid-December, Fly Jamaica commenced service between Kingston
and Toronto, using its B-757 aircraft, according to RJR News. The
report relates that Air Canada and WestJet also service the route.
According to media reports in Trinidad & Tobago, Caribbean
Airlines' services between Georgetown and Toronto and New York are
flying at near full, with most Georgetown flights fully booked,
the RJR News report notes.
Meanwhile, the report discloses that there has been no word about
changes to Caribbean Airline' schedule or routes.
Sources said airline officials are paying close attention to
certain routes, one of them being the Port of Spain to London
service, the report notes.
There is still silence surrounding the revised Business Plan, the
report adds.
Caribbean Airlines Limited -- http://www.caribbean-airlines.com/
-- provides passenger airline services in the Caribbean, South
America, and North America. The company also offers freighter
services for perishables, fish and seafood, live animals, human
remains, and dangerous goods. In addition, it operates a duty
free store in Trinidad. Caribbean Airlines Limited was founded in
2006 and is based in Piarco, Trinidad and Tobago.
As reported in the Troubled Company Reporter-Latin America on May
20, 2013, Caribbean360.com said Trinidad and Tobago Finance
Minister Larry Howai said Caribbean Airlines Limited recorded
losses estimated at US$70 million in 2012. In 2011, CAL had
recorded losses of US43.7 million.
===========
M E X I C O
===========
UNION DE CREDITO: Moody's Affirms B3 Deposit Rating, E+ BFSR
------------------------------------------------------------
Moody's de Mexico has affirmed all ratings on Union de Credito
Progreso, S.A., including the E+ standalone bank financial
strength rating, which maps to a b3 standalone baseline credit
assessment (BCA). Moody's also affirmed Union Progreso's long-term
and short-term local currency deposit ratings of B3 and Not Prime,
respectively, as well as the long-term and short-term Mexican
National Scale deposit ratings of Ba2.mx and MX-4, respectively.
The outlook on all ratings remains negative.
List Of Ratings Affirmed
The following ratings on Union Progreso were affirmed with a
negative outlook:
- Bank financial strength rating: E+
- Long-term global local currency deposit rating: B3
- Short-term global local currency deposit rating: Not Prime
- Long-term Mexican National Scale deposit rating: Ba2.mx
- Short-term Mexican National Scale deposit rating: MX-4
Ratings Rationale
In affirming Union Progreso's ratings and maintaining the negative
outlook, Moody's cited the risks related to a shift in the credit
union's strategic focus if its long pursued banking license is not
approved by the Mexican regulatory authority. Since 2011, Union
Progreso has aimed at transforming itself into a regional bank,
through a combination with other group entities such as savings
and loans company Akala Sofipo and FX-brokerage Unica Casa de
Cambio.
Another credit constraint is Union Progreso's modest
capitalization which, although improved through capital injections
in the last couple of years, does not adequately support
management's ambitious growth plans in the future, said Moody's.
Of particular concern is the credit union's goal to expand
operations beyond Union Progreso's geographic footprint and to
target small, less formal and riskier financial institutions.
Union Progreso's capital base is also vulnerable to potential
credit losses stemming from the credit union's concentrated loan
book where a small number of borrowers hold the bulk of loans.
The ratings also incorporate governance concerns related to Union
Progreso's potential exposure to conflicts of interests derived
from existing relationships between credit union shareholders and
government officials at the State of Chihuahua, where the entity
is headquartered.
Union Progreso's intrinsic credit strength is nevertheless
underpinned by its relatively stable funding structure, which
includes an expanding customer deposit base as well as access to
bank credit facilities. Asset quality metrics remain at relatively
stable levels, supported by improving risk management practices.
The long-term Mexican National Scale ratings of Ba.mx indicate
issuers or issues with below-average creditworthiness relative to
other domestic issuers. The short- term Mexican National Scale
ratings of issuers rated MX-4 indicate a below-average ability to
repay short-term senior unsecured debt obligations relative to
other domestic issuers.
The period of time covered in the financial information used to
determine the ratings is between 31 December 2008 and 30 September
2013 (source: Moody's and Union Progreso).
The sources and items of information used to determine the ratings
include 2012 and 2013 interim financial statements (source:
Moody's, Union Progreso and CNBV); year-end 2012 and 2011
financial statements (source: Union Progreso and Moody's);
information on market position (source: CNBV); regulatory capital
information (source: Union Progreso).
Union Progreso is headquartered in Delicias, Chihuahua, Mexico. As
of Sept. 30, 2013, it had total assets of MXN3.3 billion
($251 million).
===============================
T R I N I D A D & T O B A G O
===============================
PETROTRIN: Suffers Loss for 2013, Energy Minister Says
------------------------------------------------------
Joel Julien at Trinidad Express reports that Petroleum Company of
Trinidad and Tobago (Petrotrin) will make a loss for its 2013
financial year, Energy Minister Kevin Ramnarine said.
Mr. Ramnarine said Petrotrin was scheduled to make the loss even
before the series of oil spills affecting Trinidad's southwestern
peninsula since December, according to Trinidad Express.
The report notes that Mr. Ramnarine said the expected loss, which
he described as being "marginal", was "driven mainly by the
economic performance of the refinery" at Petrotrin. The report
relates that Mr. Ramnarine said there has been a "literal collapse
in the refinery margin" because the United States market has been
flooded with shale gas and shale oil.
"The company is in a very serious financial situation, it is a
situation we don't see going away anytime soon so even before the
spill there was that very delicate situation," the report quoted
Mr. Ramnarine as saying. "I have asked the company to break their
accounts into upstream exploration and production and refining and
marketing so we can see the two halves of the company and how they
perform separately," Mr. Ramnarine said, the report relates.
The report says that to date Petrotrin has spent $10 million to
$11 million on the oil spill with the bill expected to climb
higher.
By this week's Cabinet meeting, a note is to be provided
recommending a "sector wide facilities audit", Mr. Ramnarine said,
the report relays. Mr. Ramnarine is also expected to approach
National Security Minister Gary Griffith for the establishment of
a security strategy for the wider energy sector, the report adds.
About Petrotrin
Petroleum Company of Trinidad and Tobago is the major state-owned
oil company in Trinidad and Tobago. The company was established
in 1993 by the merger of Trintopec and Trintoc, two state-owned
oil companies. Petrotrin's main holdings are extensive, mature
onshore fields located across southern Trinidad. Large areas
have been leased out to small private producers who are able to
make a profit on wells that are unprofitable for Petrotrin,
giving it higher labor costs. The company operates a refinery at
Pointe-Pierre, just north of San Fernando in south Trinidad.
Most crude petroleum produced in Trinidad is exported without
being refined. The refinery depends on imported crude (mostly
from Venezuela), which is either used domestically or exported.
* * *
As reported in the Troubled Company Reporter-Latin America on
Aug. 8, 2013, Trinidad Express reports that production levels at
Petroleum Company of Trinidad and Tobago (Petrotrin)'s Trinmar
operations in Point Fortin have been affected by industrial action
involving employees of the company's marine transport contractors.
Petrotrin stated that it was informed of a what it described as a
stand-off between its marine contractors and their employees, who
cited issues, including their current rates of remuneration,
according to Trinidad Express.
=================
X X X X X X X X X
=================
LATIN AMERICAN: S&P Lowers CCR to 'B+' & Removes CreditWatch Neg.
-----------------------------------------------------------------
Standard & Poor's Ratings Services lowered its corporate credit
rating on Latin American Airports Holdings Ltd. (LAAH) to 'B+'
from 'BB-', and removed it from CreditWatch negative, where S&P
placed it on Oct. 4, 2013. S&P also lowered its issue-level
rating on Aeropuertos Dominicanos Siglo XXI S.A. (Aerodom)'s
$550 million senior secured notes to 'B+' from 'BB-'. LAAH owns
Aerodom and guarantees the notes. The outlook on the corporate
credit rating is negative.
"The rating action reflects that recent developments regarding
LAAH's operations in Mexico are not in line with our original
expectations," said Standard & Poor's credit analyst Veronica
Yanez. LAAH's Mexican subsidiary, Inmobiliaria Fumisa S.A. de
C.V.'s (Fumisa) has not secured a lease agreement extension for
its operations in the Mexico City International Airport (AICM).
S&P believes that the issue will not be resolved in the short
term. Therefore, S&P has revised its base-case scenario and
exclude Fumisa's operations in our analysis of LAAH, which weakens
S&P's assessment of its business risk profile.
Fumisa is in a legal dispute with the AICM regarding the
interpretation and implementation of the target internal rate of
return (IRR) and its master lease agreement termination date.
Based on the information provided by the company, Fumisa continues
to operate in terminal one at the AICM.
Since Jan. 1, 2014, developments regarding Fumisa's dispute with
the AICM were clearly negative; the negotiations have stalled
indicating that an agreement between the parties will take more
time than S&P originally expected. Given the disruption in cash
flows received from its activities at the AICM, S&P is excluding
Fumisa's operations and cash flow generation from its analysis on
LAAH to more adequately reflect its creditworthiness. The rating
on LAAH reflects the credit quality of its operating subisidary,
Aerodom. S&P views LAAH's business risk profile as "weak" and its
financial risk profile as "aggressive."
Large Companies With Insolvent Balance Sheets
---------------------------------------------
Total
Total Shareholders
Assets Equity
Company Ticker (US$MM) (US$MM)
------- ------ --------- ------------
AGRENCO LTD AGRE LX 339244073 -561405847
AGRENCO LTD-BDR AGEN33 BZ 339244073 -561405847
AGRENCO LTD-BDR AGEN11 BZ 339244073 -561405847
ALL ORE MINERACA AORE3 BZ 18737018.1 -11880129.9
ALL ORE MINERACA STLB3 BZ 18737018.1 -11880129.9
ARTHUR LAN-DVD C ARLA11 BZ 11642256.1 -17154462.1
ARTHUR LAN-DVD P ARLA12 BZ 11642256.1 -17154462.1
ARTHUR LANGE ARLA3 BZ 11642256.1 -17154462.1
ARTHUR LANGE SA ALICON BZ 11642256.1 -17154462.1
ARTHUR LANGE-PRF ARLA4 BZ 11642256.1 -17154462.1
ARTHUR LANGE-PRF ALICPN BZ 11642256.1 -17154462.1
ARTHUR LANG-RC C ARLA9 BZ 11642256.1 -17154462.1
ARTHUR LANG-RC P ARLA10 BZ 11642256.1 -17154462.1
ARTHUR LANG-RT C ARLA1 BZ 11642256.1 -17154462.1
ARTHUR LANG-RT P ARLA2 BZ 11642256.1 -17154462.1
B&D FOOD CORP BDFCE US 14423532 -3506007
B&D FOOD CORP BDFC US 14423532 -3506007
BALADARE BLDR3 BZ 159454013 -52992212
BATTISTELLA BTTL3 BZ 174796731 -28588662.7
BATTISTELLA-PREF BTTL4 BZ 174796731 -28588662.7
BATTISTELLA-RECE BTTL9 BZ 174796731 -28588662.7
BATTISTELLA-RECP BTTL10 BZ 174796731 -28588662.7
BATTISTELLA-RI P BTTL2 BZ 174796731 -28588662.7
BATTISTELLA-RIGH BTTL1 BZ 174796731 -28588662.7
BIOMM SA BIOM3 BZ 11534236.1 -12761895.5
BIOMM SA-PREF BIOM4 BZ 11534236.1 -12761895.5
BIOMM SA-RT BIOM1 BZ 11534236.1 -12761895.5
BIOMM SA-RT BIOM2 BZ 11534236.1 -12761895.5
BIOMM SA-RTS BIOM9 BZ 11534236.1 -12761895.5
BIOMM SA-RTS BIOM10 BZ 11534236.1 -12761895.5
BOMBRIL BMBBF US 322039321 -20271461.5
BOMBRIL FPXE4 BZ 19416016 -489914907
BOMBRIL BOBR3 BZ 322039321 -20271461.5
BOMBRIL CIRIO SA BOBRON BZ 322039321 -20271461.5
BOMBRIL CIRIO-PF BOBRPN BZ 322039321 -20271461.5
BOMBRIL HOLDING FPXE3 BZ 19416016 -489914907
BOMBRIL SA-ADR BMBPY US 322039321 -20271461.5
BOMBRIL SA-ADR BMBBY US 322039321 -20271461.5
BOMBRIL-PREF BOBR4 BZ 322039321 -20271461.5
BOMBRIL-RGTS PRE BOBR2 BZ 322039321 -20271461.5
BOMBRIL-RIGHTS BOBR1 BZ 322039321 -20271461.5
BOTUCATU TEXTIL STRP3 BZ 27663605.3 -7174512.12
BOTUCATU-PREF STRP4 BZ 27663605.3 -7174512.12
BUETTNER BUET3 BZ 97892219.8 -29984241.8
BUETTNER SA BUETON BZ 97892219.8 -29984241.8
BUETTNER SA-PRF BUETPN BZ 97892219.8 -29984241.8
BUETTNER SA-RT P BUET2 BZ 97892219.8 -29984241.8
BUETTNER SA-RTS BUET1 BZ 97892219.8 -29984241.8
BUETTNER-PREF BUET4 BZ 97892219.8 -29984241.8
CAF BRASILIA CAFE3 BZ 160938144 -149281093
CAF BRASILIA-PRF CAFE4 BZ 160938144 -149281093
CAFE BRASILIA SA CSBRON BZ 160938144 -149281093
CAFE BRASILIA-PR CSBRPN BZ 160938144 -149281093
CAIUA ELEC-C RT ELCA1 BZ 1068602117 -71011565.8
CAIUA SA ELCON BZ 1068602117 -71011565.8
CAIUA SA-DVD CMN ELCA11 BZ 1068602117 -71011565.8
CAIUA SA-DVD COM ELCA12 BZ 1068602117 -71011565.8
CAIUA SA-PREF ELCPN BZ 1068602117 -71011565.8
CAIUA SA-PRF A ELCAN BZ 1068602117 -71011565.8
CAIUA SA-PRF A ELCA5 BZ 1068602117 -71011565.8
CAIUA SA-PRF B ELCA6 BZ 1068602117 -71011565.8
CAIUA SA-PRF B ELCBN BZ 1068602117 -71011565.8
CAIUA SA-RCT PRF ELCA10 BZ 1068602117 -71011565.8
CAIUA SA-RTS ELCA2 BZ 1068602117 -71011565.8
CAIVA SERV DE EL 1315Z BZ 1068602117 -71011565.8
CELGPAR GPAR3 BZ 224346596 -1034483222
CELPA CELP3 BZ 1983995394 -26345832
CELPA-PREF A CELP5 BZ 1983995394 -26345832
CELPA-PREF B CELP6 BZ 1983995394 -26345832
CELPA-PREF C CELP7 BZ 1983995394 -26345832
CELPA-RCT CELP9 BZ 1983995394 -26345832
CELPA-RTS CELP1 BZ 1983995394 -26345832
CENTRAL COST-ADR CCSA LI 355868840 -87473853.9
CENTRAL COSTAN-B CRCBF US 355868840 -87473853.9
CENTRAL COSTAN-B CNRBF US 355868840 -87473853.9
CENTRAL COSTAN-C CECO3 AR 355868840 -87473853.9
CENTRAL COST-BLK CECOB AR 355868840 -87473853.9
CIA PETROLIFERA MRLM3 BZ 377602206 -3014291.81
CIA PETROLIFERA MRLM3B BZ 377602206 -3014291.81
CIA PETROLIFERA 1CPMON BZ 377602206 -3014291.81
CIA PETROLIF-PRF MRLM4 BZ 377602206 -3014291.81
CIA PETROLIF-PRF MRLM4B BZ 377602206 -3014291.81
CIA PETROLIF-PRF 1CPMPN BZ 377602206 -3014291.81
CIMOB PARTIC SA GAFP3 BZ 44047412.2 -45669964.1
CIMOB PARTIC SA GAFON BZ 44047412.2 -45669964.1
CIMOB PART-PREF GAFP4 BZ 44047412.2 -45669964.1
CIMOB PART-PREF GAFPN BZ 44047412.2 -45669964.1
COBRASMA CBMA3 BZ 75975325.5 -2148311127
COBRASMA SA COBRON BZ 75975325.5 -2148311127
COBRASMA SA-PREF COBRPN BZ 75975325.5 -2148311127
COBRASMA-PREF CBMA4 BZ 75975325.5 -2148311127
D H B DHBI3 BZ 110495985 -162541778
D H B-PREF DHBI4 BZ 110495985 -162541778
DHB IND E COM DHBON BZ 110495985 -162541778
DHB IND E COM-PR DHBPN BZ 110495985 -162541778
DOCA INVESTIMENT DOCA3 BZ 273120349 -211736213
DOCA INVESTI-PFD DOCA4 BZ 273120349 -211736213
DOCAS SA DOCAON BZ 273120349 -211736213
DOCAS SA-PREF DOCAPN BZ 273120349 -211736213
DOCAS SA-RTS PRF DOCA2 BZ 273120349 -211736213
EDENOR-B DNOR AR 1394532241 -3893195.34
EDENOR-B EDN AR 1394532241 -3893195.34
EDENOR-B EDNC AR 1394532241 -3893195.34
EDENOR-B EDND AR 1394532241 -3893195.34
EDENOR-B C/E DNORC AR 1394532241 -3893195.34
EDENOR-B US$ DNORD AR 1394532241 -3893195.34
ELEC ARG SA-PREF EASA6 AR 1395153160 -106158748
ELEC ARGENT-ADR EASA LX 1395153160 -106158748
ELEC DE ARGE-ADR 1262Q US 1395153160 -106158748
ELECTRICIDAD ARG 3447811Z AR 1395153160 -106158748
EMP DISTRIB-ADR EDN US 1394532241 -3893195.34
EMP DISTRIB-ADR PWD1 GR 1394532241 -3893195.34
EMPRESA DISTRI-A 0122196D AR 1394532241 -3893195.34
EMPRESA DISTRI-C 0122368D AR 1394532241 -3893195.34
ENDESA COST-ADR CRCNY US 355868840 -87473853.9
ENDESA COSTAN- CECO2 AR 355868840 -87473853.9
ENDESA COSTAN- CECOD AR 355868840 -87473853.9
ENDESA COSTAN- CECOC AR 355868840 -87473853.9
ENDESA COSTAN- EDCFF US 355868840 -87473853.9
ENDESA COSTAN-A CECO1 AR 355868840 -87473853.9
ESTRELA SA ESTR3 BZ 71379818.6 -111239805
ESTRELA SA ESTRON BZ 71379818.6 -111239805
ESTRELA SA-PREF ESTR4 BZ 71379818.6 -111239805
ESTRELA SA-PREF ESTRPN BZ 71379818.6 -111239805
F GUIMARAES FGUI3 BZ 11016542.2 -151840378
F GUIMARAES-PREF FGUI4 BZ 11016542.2 -151840378
FABRICA RENAUX FTRX3 BZ 66603695.4 -76419246.3
FABRICA RENAUX FRNXON BZ 66603695.4 -76419246.3
FABRICA RENAUX-P FTRX4 BZ 66603695.4 -76419246.3
FABRICA RENAUX-P FRNXPN BZ 66603695.4 -76419246.3
FABRICA TECID-RT FTRX1 BZ 66603695.4 -76419246.3
FER HAGA-PREF HAGA4 BZ 18875306.2 -40047314.2
FERRAGENS HAGA HAGAON BZ 18875306.2 -40047314.2
FERRAGENS HAGA-P HAGAPN BZ 18875306.2 -40047314.2
FERREIRA GUIMARA FGUION BZ 11016542.2 -151840378
FERREIRA GUIM-PR FGUIPN BZ 11016542.2 -151840378
GRADIENTE ELETR IGBON BZ 381918698 -32078427.7
GRADIENTE EL-PRA IGBAN BZ 381918698 -32078427.7
GRADIENTE EL-PRB IGBBN BZ 381918698 -32078427.7
GRADIENTE EL-PRC IGBCN BZ 381918698 -32078427.7
GRADIENTE-PREF A IGBR5 BZ 381918698 -32078427.7
GRADIENTE-PREF B IGBR6 BZ 381918698 -32078427.7
GRADIENTE-PREF C IGBR7 BZ 381918698 -32078427.7
HAGA HAGA3 BZ 18875306.2 -40047314.2
HOTEIS OTHON SA HOOT3 BZ 227432125 -70780169.8
HOTEIS OTHON SA HOTHON BZ 227432125 -70780169.8
HOTEIS OTHON-PRF HOOT4 BZ 227432125 -70780169.8
HOTEIS OTHON-PRF HOTHPN BZ 227432125 -70780169.8
IGB ELETRONICA IGBR3 BZ 381918698 -32078427.7
IGUACU CAFE IGUA3 BZ 219009123 -69129785
IGUACU CAFE IGCSON BZ 219009123 -69129785
IGUACU CAFE IGUCF US 219009123 -69129785
IGUACU CAFE-PR A IGUA5 BZ 219009123 -69129785
IGUACU CAFE-PR A IGCSAN BZ 219009123 -69129785
IGUACU CAFE-PR A IGUAF US 219009123 -69129785
IGUACU CAFE-PR B IGUA6 BZ 219009123 -69129785
IGUACU CAFE-PR B IGCSBN BZ 219009123 -69129785
IMPSAT FIBER NET IMPTQ US 535007008 -17164978
IMPSAT FIBER NET 330902Q GR 535007008 -17164978
IMPSAT FIBER NET XIMPT SM 535007008 -17164978
IMPSAT FIBER-$US IMPTD AR 535007008 -17164978
IMPSAT FIBER-BLK IMPTB AR 535007008 -17164978
IMPSAT FIBER-C/E IMPTC AR 535007008 -17164978
IMPSAT FIBER-CED IMPT AR 535007008 -17164978
LAEP INVES-BDR B 0163599D BZ 222902269 -255311026
LAEP INVESTMEN-B 0122427D LX 222902269 -255311026
LAEP INVESTMENTS LEAP LX 222902269 -255311026
LAEP-BDR MILK33 BZ 222902269 -255311026
LAEP-BDR MILK11 BZ 222902269 -255311026
LATTENO FOOD COR LATF US 14423532 -3506007
LOJAS ARAPUA LOAR3 BZ 54968258.7 -3370955902
LOJAS ARAPUA LOARON BZ 54968258.7 -3370955902
LOJAS ARAPUA-GDR 3429T US 54968258.7 -3370955902
LOJAS ARAPUA-GDR LJPSF US 54968258.7 -3370955902
LOJAS ARAPUA-PRF LOAR4 BZ 54968258.7 -3370955902
LOJAS ARAPUA-PRF LOARPN BZ 54968258.7 -3370955902
LOJAS ARAPUA-PRF 52353Z US 54968258.7 -3370955902
LUPATECH SA LUPA3 BZ 684389276 -151417630
LUPATECH SA LUPAF US 684389276 -151417630
LUPATECH SA -RCT LUPA9 BZ 684389276 -151417630
LUPATECH SA-ADR LUPAY US 684389276 -151417630
LUPATECH SA-RT LUPA11 BZ 684389276 -151417630
LUPATECH SA-RTS LUPA1 BZ 684389276 -151417630
MINUPAR MNPR3 BZ 119382337 -92195102.2
MINUPAR SA MNPRON BZ 119382337 -92195102.2
MINUPAR SA-PREF MNPRPN BZ 119382337 -92195102.2
MINUPAR-PREF MNPR4 BZ 119382337 -92195102.2
MINUPAR-RCT 9314634Q BZ 119382337 -92195102.2
MINUPAR-RCT 0599564D BZ 119382337 -92195102.2
MINUPAR-RCT MNPR9 BZ 119382337 -92195102.2
MINUPAR-RT 9314542Q BZ 119382337 -92195102.2
MINUPAR-RT 0599562D BZ 119382337 -92195102.2
MINUPAR-RTS MNPR1 BZ 119382337 -92195102.2
NORDON MET NORD3 BZ 11154278.4 -30655920.5
NORDON METAL NORDON BZ 11154278.4 -30655920.5
NORDON MET-RTS NORD1 BZ 11154278.4 -30655920.5
NOVA AMERICA SA NOVA3 BZ 21287490.2 -183535537
NOVA AMERICA SA NOVA3B BZ 21287490.2 -183535537
NOVA AMERICA SA NOVAON BZ 21287490.2 -183535537
NOVA AMERICA SA 1NOVON BZ 21287490.2 -183535537
NOVA AMERICA-PRF NOVA4 BZ 21287490.2 -183535537
NOVA AMERICA-PRF NOVA4B BZ 21287490.2 -183535537
NOVA AMERICA-PRF NOVAPN BZ 21287490.2 -183535537
NOVA AMERICA-PRF 1NOVPN BZ 21287490.2 -183535537
PADMA INDUSTRIA LCSA4 BZ 388720096 -213641152
PARMALAT LCSA3 BZ 388720096 -213641152
PARMALAT BRASIL LCSAON BZ 388720096 -213641152
PARMALAT BRAS-PF LCSAPN BZ 388720096 -213641152
PARMALAT BR-RT C LCSA5 BZ 388720096 -213641152
PARMALAT BR-RT P LCSA6 BZ 388720096 -213641152
PET MANG-RECEIPT 0229292Q BZ 155768607 -254677565
PET MANG-RECEIPT 0229296Q BZ 155768607 -254677565
PET MANG-RECEIPT RPMG9 BZ 155768607 -254677565
PET MANG-RECEIPT RPMG10 BZ 155768607 -254677565
PET MANG-RIGHTS 3678565Q BZ 155768607 -254677565
PET MANG-RIGHTS 3678569Q BZ 155768607 -254677565
PET MANG-RT 4115360Q BZ 155768607 -254677565
PET MANG-RT 4115364Q BZ 155768607 -254677565
PET MANG-RT 0229249Q BZ 155768607 -254677565
PET MANG-RT 0229268Q BZ 155768607 -254677565
PET MANG-RT RPMG2 BZ 155768607 -254677565
PET MANG-RT 0848424D BZ 155768607 -254677565
PET MANG-RTS RPMG1 BZ 155768607 -254677565
PET MANGUINH-PRF RPMG4 BZ 155768607 -254677565
PETRO MANGUINHOS RPMG3 BZ 155768607 -254677565
PETRO MANGUINHOS MANGON BZ 155768607 -254677565
PETRO MANGUIN-PF MANGPN BZ 155768607 -254677565
PETROLERA DEL CO PSUR AR 64304554.3 -1269120.57
PORTX OPERACOES PRTX3 BZ 976769385 -9407990.18
PORTX OPERA-GDR PXTPY US 976769385 -9407990.18
PUYEHUE PUYEH CI 23274759.4 -4575396.32
PUYEHUE RIGHT PUYEHUOS CI 23274759.4 -4575396.32
RECRUSUL RCSL3 BZ 41210099.9 -18423894.9
RECRUSUL - RCT 4529789Q BZ 41210099.9 -18423894.9
RECRUSUL - RCT 4529793Q BZ 41210099.9 -18423894.9
RECRUSUL - RCT 0163582D BZ 41210099.9 -18423894.9
RECRUSUL - RCT 0163583D BZ 41210099.9 -18423894.9
RECRUSUL - RCT 0614675D BZ 41210099.9 -18423894.9
RECRUSUL - RCT 0614676D BZ 41210099.9 -18423894.9
RECRUSUL - RCT RCSL10 BZ 41210099.9 -18423894.9
RECRUSUL - RT 4529781Q BZ 41210099.9 -18423894.9
RECRUSUL - RT 4529785Q BZ 41210099.9 -18423894.9
RECRUSUL - RT 0163579D BZ 41210099.9 -18423894.9
RECRUSUL - RT 0163580D BZ 41210099.9 -18423894.9
RECRUSUL - RT 0614673D BZ 41210099.9 -18423894.9
RECRUSUL - RT 0614674D BZ 41210099.9 -18423894.9
RECRUSUL SA RESLON BZ 41210099.9 -18423894.9
RECRUSUL SA-PREF RESLPN BZ 41210099.9 -18423894.9
RECRUSUL SA-RCT RCSL9 BZ 41210099.9 -18423894.9
RECRUSUL SA-RTS RCSL1 BZ 41210099.9 -18423894.9
RECRUSUL SA-RTS RCSL2 BZ 41210099.9 -18423894.9
RECRUSUL-BON RT RCSL11 BZ 41210099.9 -18423894.9
RECRUSUL-BON RT RCSL12 BZ 41210099.9 -18423894.9
RECRUSUL-PREF RCSL4 BZ 41210099.9 -18423894.9
REDE EMP ENE ELE ELCA4 BZ 1068602117 -71011565.8
REDE EMP ENE ELE ELCA3 BZ 1068602117 -71011565.8
REDE EMPRESAS-PR REDE4 BZ 1068602117 -71011565.8
REDE ENERGIA SA REDE3 BZ 1068602117 -71011565.8
REDE ENERG-UNIT REDE11 BZ 1068602117 -71011565.8
REDE ENER-RCT 3907731Q BZ 1068602117 -71011565.8
REDE ENER-RCT REDE9 BZ 1068602117 -71011565.8
REDE ENER-RCT REDE10 BZ 1068602117 -71011565.8
REDE ENER-RT 3907727Q BZ 1068602117 -71011565.8
REDE ENER-RT REDE1 BZ 1068602117 -71011565.8
REDE ENER-RT REDE2 BZ 1068602117 -71011565.8
REII INC REIC US 14423532 -3506007
RENAUXVIEW SA TXRX3 BZ 89516044.1 -84915135
RENAUXVIEW SA-PF TXRX4 BZ 89516044.1 -84915135
RIMET REEM3 BZ 103098359 -185417651
RIMET REEMON BZ 103098359 -185417651
RIMET-PREF REEM4 BZ 103098359 -185417651
RIMET-PREF REEMPN BZ 103098359 -185417651
SANESALTO SNST3 BZ 22323863.1 -3810831.28
SANSUY SNSY3 BZ 180592889 -139972527
SANSUY SA SNSYON BZ 180592889 -139972527
SANSUY SA-PREF A SNSYAN BZ 180592889 -139972527
SANSUY SA-PREF B SNSYBN BZ 180592889 -139972527
SANSUY-PREF A SNSY5 BZ 180592889 -139972527
SANSUY-PREF B SNSY6 BZ 180592889 -139972527
SAUIPE PSEG3 BZ 18741726.8 -4445594.67
SAUIPE SA PSEGON BZ 18741726.8 -4445594.67
SAUIPE SA-PREF PSEGPN BZ 18741726.8 -4445594.67
SAUIPE-PREF PSEG4 BZ 18741726.8 -4445594.67
SCHLOSSER SCLO3 BZ 57116503.7 -55719510.4
SCHLOSSER SA SCHON BZ 57116503.7 -55719510.4
SCHLOSSER SA-PRF SCHPN BZ 57116503.7 -55719510.4
SCHLOSSER-PREF SCLO4 BZ 57116503.7 -55719510.4
SNIAFA SA SNIA AR 11229696.2 -2670544.86
SNIAFA SA-B SDAGF US 11229696.2 -2670544.86
SNIAFA SA-B SNIA5 AR 11229696.2 -2670544.86
STAROUP SA STARON BZ 27663605.3 -7174512.12
STAROUP SA-PREF STARPN BZ 27663605.3 -7174512.12
STEEL - RCT ORD STLB9 BZ 18737018.1 -11880129.9
STEEL - RT STLB1 BZ 18737018.1 -11880129.9
TEKA TKTQF US 371193871 -375865470
TEKA TEKA3 BZ 371193871 -375865470
TEKA TEKAON BZ 371193871 -375865470
TEKA-ADR TEKAY US 371193871 -375865470
TEKA-ADR TKTPY US 371193871 -375865470
TEKA-ADR TKTQY US 371193871 -375865470
TEKA-PREF TKTPF US 371193871 -375865470
TEKA-PREF TEKA4 BZ 371193871 -375865470
TEKA-PREF TEKAPN BZ 371193871 -375865470
TEKA-RCT TEKA9 BZ 371193871 -375865470
TEKA-RCT TEKA10 BZ 371193871 -375865470
TEKA-RTS TEKA1 BZ 371193871 -375865470
TEKA-RTS TEKA2 BZ 371193871 -375865470
TEXTEIS RENA-RCT TXRX9 BZ 89516044.1 -84915135
TEXTEIS RENA-RCT TXRX10 BZ 89516044.1 -84915135
TEXTEIS RENAU-RT TXRX1 BZ 89516044.1 -84915135
TEXTEIS RENAU-RT TXRX2 BZ 89516044.1 -84915135
TEXTEIS RENAUX RENXON BZ 89516044.1 -84915135
TEXTEIS RENAUX RENXPN BZ 89516044.1 -84915135
VARIG PART EM SE VPSC3 BZ 83017833.2 -495721727
VARIG PART EM TR VPTA3 BZ 49432124.7 -399290401
VARIG PART EM-PR VPTA4 BZ 49432124.7 -399290401
VARIG PART EM-PR VPSC4 BZ 83017833.2 -495721727
VARIG SA VAGV3 BZ 966298048 -4695211008
VARIG SA VARGON BZ 966298048 -4695211008
VARIG SA-PREF VAGV4 BZ 966298048 -4695211008
VARIG SA-PREF VARGPN BZ 966298048 -4695211008
VULCABRAS AZALEI VULC3 BZ 591011112 -26163506.4
VULCABRAS AZ-PRF VULC4 BZ 591011112 -26163506.4
VULCABRAS SA VULCON BZ 591011112 -26163506.4
VULCABRAS SA-PRF VULCPN BZ 591011112 -26163506.4
VULCABRAS-RCT VULC9 BZ 591011112 -26163506.4
VULCABRAS-REC PR VULC10 BZ 591011112 -26163506.4
VULCABRAS-RECEIP 0853207D BZ 591011112 -26163506.4
VULCABRAS-RIGHT 0853205D BZ 591011112 -26163506.4
VULCABRAS-RIGHT VULC2 BZ 591011112 -26163506.4
VULCABRAS-RT PRF VULC11 BZ 591011112 -26163506.4
VULCABRAS-RTS VULC1 BZ 591011112 -26163506.4
WETZEL SA MWET3 BZ 95682256.3 -5467518.71
WETZEL SA MWELON BZ 95682256.3 -5467518.71
WETZEL SA-PREF MWET4 BZ 95682256.3 -5467518.71
WETZEL SA-PREF MWELPN BZ 95682256.3 -5467518.00
***********
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 2014. 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
202-241-8200.
* * * End of Transmission * * *