Energy Future Holdings Corp – TXU 15 04/01/21

Credit, Energy


Publicly traded companies mentioned herein: BlackRock Inc (BLK), InfraREIT Inc (HIFR)

Highlights

On December 3, 2015, Energy Future Holdings (EFH) won approval of its $30 billion restructuring and TXU is finally set to emerge from bankruptcy. While the regulatory process is not yet complete (PUC and IRS approval are pending), the presenter is long Texas Competitive Electric Holdings Company (TCEH) 2nd lien unsecured debentures (trading at ~9 on December 4) and explained his bullish view on the investment as follows:

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Idea Discussion

Commentor 1 - 2 weeks ago

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