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Published on 12/12/2006 in the Prospect News Distressed Debt Daily.

TPG Credit Opportunities Investors buys $7.85 million in claims against Delphi debtor

By Caroline Salls

Pittsburgh, Dec. 12 - TPG Credit Opportunities Investors, LP bought $7.85 million in Solectron Corp. 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 bought one $5.65 million claim and one $2.20 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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