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TPG Credit Opportunities buys $5.11 million in claims against Delphi debtor
By Caroline Salls
Pittsburgh, Jan. 2 - TPG Credit Opportunities bought $5.11 million of JPMorgan Chase Bank, NA's claims against Delphi Corp. debtor Delphi Automotive Systems LLC, according to Tuesday filings with the U.S. Bankruptcy Court for the Southern District of New York.
TPG Credit Opportunities Fund, LP bought a $2.35 million claim and TPG Credit Opportunities Investors, LP bought a $2.76 million claim.
Delphi, a Troy, Mich.-based automotive electronics manufacturer, filed for bankruptcy on Oct. 8, 2005. Its Chapter 11 case number is 05-44481.
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