Enron - Natural Gas Industry Message Board

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Gold/Mining/Energy : Enron - Natural Gas Industry

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To: Softechie who wrote (1058)	12/3/2001 6:16:29 PM
From: AV8R	Read Replies (1) of 1433

This must be what's driving it: Monday December 3, 6:10 pm Eastern Time Enron secures $1.5 bln in financing-source NEW YORK, Dec 3 (Reuters) - Enron Corp. (NYSE:ENE - news) on Monday secured $1.5 billion in debtor-in-possession financing from a group of banks including two of its creditors, J.P. Morgan Chase (NYSE:JPM - news) and Citigroup (NYSE:C - news), sources familiar with the situation said. Sources told Reuters that the beleaguered energy trading group was in the process of filing details of the financial agreement in the federal bankruptcy court of the Southern District of New York, where it sought Chapter 11 creditor protection on Sunday.

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