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Published on 5/31/2012 in the Prospect News Distressed Debt Daily.

Dynegy Holdings reports $23.37 million loss from operations for April

By Caroline Salls

Pittsburgh, May 31 - Dynegy Holdings, LLC reported a $23.37 million loss from operations for April on zero revenues, according to its monthly operating report filed Thursday with the Securities and Exchange Commission.

In comparison, Dynegy posted a $736.52 million loss from operations for March, also on zero revenues.

The company also reported cash and cash equivalents of $24.37 million as of April 30, up from $19.83 million at the end of March.

Dynegy Holdings and four subsidiaries filed for bankruptcy on Nov. 7, 2011 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 11-38111.


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