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Published on 9/25/2012 in the Prospect News Distressed Debt Daily.

Dynegy Holdings records $75.6 million loss from operations for July

By Caroline Salls

Pittsburgh, Sept. 25 - Dynegy Holdings, LLC reported a $75.6 million loss from operations for July on zero revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.

In comparison, Dynegy posted an $845.3 million loss from operations for June, also on zero revenues.

The company also reported cash and cash equivalents of $46.51 million as of July 31, down from $51.56 million at the end of June.

Dynegy Holdings and four subsidiaries filed for bankruptcy on Nov. 7, 2011. The Chapter 11 case number is 11-38111.


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