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Strategies & Market Trends : IPPs and Merchant Energy Co.s -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (106)9/20/2002 3:49:12 PM
From: Braincramp  Read Replies (2) | Respond to of 3358
 
I think the RRI's CEO summed it up. I think they have about 4 bil coming due in feb 03. Why would the banks force RRI into chapter 11 and take the chance of getting nothing or extend the debt and get all their money back.



To: KyrosL who wrote (106)9/20/2002 8:52:06 PM
From: Braincramp  Read Replies (2) | Respond to of 3358
 
Mirant's debt maturity

This info was taken from their second quarter report,starting page 52.

03 debt:
july 1.1 bil
dec 140 mil

04 debt

april 150 mil
july 200 mil
sept 150 mil
oct 90 mil

Can't see BK due to this amount.