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Prospect News home > News index > List of issuers D > Headlines for Delphi Corp. > News item
Published on 11/20/2006 in the Prospect News Distressed Debt Daily.

Merrill Lynch Credit Products buys $4.13 million in claims against Delphi

By Caroline Salls

Pittsburgh, Nov. 20 - Merrill Lynch Credit Products, LLC bought $4.13 million of SPCP Group LLC's general unsecured claims against Delphi Corp., according to Friday filings with the U.S. Bankruptcy Court for the Southern District of New York.

Merrill Lynch bought one $2.75 million claim and another $1.38 million claim, both from SPCP Group.

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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