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Published on 2/21/2008 in the Prospect News Distressed Debt Daily.

Asarco reports $45.31 million in EBITDA for January

By Caroline Salls

Pittsburgh, Feb. 21 - Asarco LLC reported $45.31 million in EBITDA for January on $194.83 million in sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Texas.

The figures showed improvement over $14.83 million posted in December on $133.41 million in sales.

Net income for January was $25.91 million, up from $11.46 million in December net income.

Asarco, a Tucson, Ariz., mining company, filed for bankruptcy on Aug. 9, 2005. Its Chapter 11 case number is 05-21207.


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