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Published on 11/9/2011 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Dynegy auction to be held for settling credit derivative trades

By Susanna Moon

Chicago, Nov. 9 - Dynegy Holdings, LLC's credit derivative trades will be settled by auction, according to Markit and Creditex.

The timing will be announced later.

Dynegy is a Houston-based producer and seller of electric energy, capacity and ancillary services. It filed for bankruptcy on Monday. The Chapter 11 case number is 11-38111.


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