Merrill Lynch Credit Products buys $6.73 million in claims against Delphi

By Caroline Salls

Pittsburgh, March 15 - Merrill Lynch Credit Products, LLC bought $6.73 million of Molex Connector Corp.'s general unsecured claims against Delphi Corp., according to a Wednesday filing with the U.S. Bankruptcy Court for the Southern District of New York.

Merrill Lynch bought one claim for $3.82 million and another for $2.91 million.

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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