消息来源:路透社 消息链接:http://today.reuters.com/news/ArticleInvesting.aspx?type=bondsNews&storyID=2006-09-14T235857Z_01_N14221916_RTRIDST_0_FINANCIAL-REFCO-PLAN-UPDATE-2.XML
Refco, creditors reach agreement
By Dan Wilchins NEW YORK, Sept 14 (Reuters) - Refco Inc. (RFXCQ.PK: Quote, Profile, Research) has reached an oral agreement to pay all its creditors, a major step toward concluding the brokerage's nearly yearlong bankruptcy, lawyers involved in the talks said on Thursday. At a U.S. Bankruptcy Court for the Southern District of New York hearing before Judge Robert Drain, lawyers said the deal would allow secured bank lenders to recover all of the nearly $650 million they lent, while bondholders would recover more than 80 percent of their money. Drain also approved a settlement under which the company's cash-rich unregulated securities unit, Refco Capital Markets, would pay securities customers owed about $2.7 billion about 70 cents on the dollar, and foreign exchange clients and other creditors owed $890 million about 26 cents on the dollar. A written agreement must still be signed. "It's an unusually early resolution of a very complicated bankruptcy case, and we're pleased with the outcome," Refco Chief Executive Harrison Goldin said after the hearing in Manhattan. The scandal is not fully resolved. Refco said Oct. 10 that its former chief executive, Phillip Bennett, had hidden some $430 million of bad customer debt. A week later, Refco filed for Chapter 11 bankruptcy protection. Bennett was charged with securities fraud. He is scheduled to be tried later this year. Meanwhile, BAWAG P.S.K., a privately held Austrian bank that admitted to helping Refco hide bad debt and agreed to pay Refco creditors $675 million, is up for sale. Analysts estimate it could be sold for around 1.5 times its book value of 1.7 billion euros ($2.16 billion). Under the oral agreement, bank lenders would be paid the full $642 million due them, while bondholders would receive about 83.25 cents on the dollar. Refco had about $600 million of senior subordinated notes outstanding when it went public in August 2005. Remaining assets of Refco LLC, the regulated futures broker unit, and most other Refco units would be liquidated, with proceeds distributed to Refco creditors. Refco will continue to pursue lawsuits against third parties, with any proceeds going to various creditor groups. Creditors had earlier said they were owed up to $16.8 billion, after the broker filed for bankruptcy.
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9月14日(路透社纽约)消息报道:在周四的听证会上律师表示已达成了将支付所有债权人的口头协议。并认为这是终结瑞富破产案审理的重要一步。 律师们还表示银行贷款担保者将可能收回近6.5亿美元的借贷,而债券持有人将可能收回80%以上的资金. 同时,法官Robert Drain还通过了RCM律师提出的决议:偿还受担保债权人70%(总计27亿美元)的资金,以及其他非担保债权人26%的资金,总计8.9亿美元。 但是必须签署正式的书面协议才能最终确定。 在曼哈顿的听证会后.,瑞富行政长官Harrison Goldin先生表示:"这是一个非比寻常和复杂的破产解决方案, 也是我们很满意的结果”。 但是,正式协议还未签署,具体细节还未完全确定。
来源:外汇通
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