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Bankruptcy

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BRIEF-Pacific Andes Resources Development updates on progress of proceedings under chapter 11

* Updates to holders of S$200mln 8.50% bonds due 2017 on progress of proceedings under chapter 11 currently before NY Court

Role of Abengoa in spotlight at U.S. bankruptcy showdown

WILMINGTON, Del./CHICAGO, Dec 6 A leading U.S. subsidiary of Abengoa SA heads to court on Tuesday to seek approval for a bankruptcy exit plan that opponents argue violates the law by prioritizing the Spanish parent and its international backers ahead of U.S. creditors.

Regulatory News, 11:30am IST

BRIEF-Caesars Entertainment announces creditor support to accept CEOC'S plan of reorganization

* Caesars Entertainment, Caesars Entertainment Operating Co. announce overwhelming creditor support in vote to accept CEOC'S plan of reorganization

Regulatory News, 3:54am IST

Bondholders wait anxiously as BMPS fate hangs in the balance

LONDON, Dec 5 (IFR) - The fate of Banca Monte dei Paschi di Siena bondholders sits on a knife edge as bankers hammer out the feasibility of a private recapitalisation for the troubled lender, after voters rejected prime minister Renzi's constitutional reforms on Sunday.

05 Dec 2016

BRIEF-Terraform Power files 10-k for year ending Dec 31, 2015

* Accompanying consolidated financial statements have been prepared on a going concern basis Source text for Eikon: Further company coverage:

Regulatory News, 05 Dec 2016

BRIEF-Cosi files notice of winning bidder stating Limab is winning bidder

* Cosi - on Nov 29 co filed notice of winning bidder stating Limab LLC is winning bidder approved by bankruptcy court on Oct 24 as subsequently amended

Regulatory News, 05 Dec 2016

Former Monte dei Paschi CEO Viola seen headed for Popolare di Vicenza as Iorio quits

MILAN, Dec 5 Popolare di Vicenza said on Monday Chief Executive Francesco Iorio had tendered his resignation and two sources close to the matter said he was expected to be replaced by former Monte dei Paschi head Fabrizio Viola.

05 Dec 2016

BRIEF-Mennica Polska unit applies for rehabilitation proceedings

* Said on Saturday that its unit, Mennica Metale Szlachetne SA, applied to court in Warsaw for opening of rehabilitation proceedings

05 Dec 2016

New Chinese covenants put old bondholders at disadvantage

* Recently introduced cross-default clause offers no protection to holders of old CP

05 Dec 2016

Peabody wants to repay term loan early thanks to improving coal prices

CHICAGO, Dec 2 U.S. coal producer Peabody Energy Corp said it would seek court approval to repay a $500 million term loan ahead of schedule because it has enough cash to operate in bankruptcy thanks to a rise in coal prices.

Regulatory News, 03 Dec 2016

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