Energy Future Holdings filed with the SEC a notice of extension until July 18, 2014 to the expiration date of its second lien settlement. The notice explains, “Energy Future Intermediate Holding Company LLC, a wholly–owned subsidiary of Energy Future Holdings Corp., and EFIH Finance Inc. today announced that the expiration date of its previously announced offer to purchase EFIH Second Lien Notes for cash as a voluntary settlement with respect to the Issuer’s obligations under the EFIH Second Lien Notes (the ‘EFIH Second Lien Settlement’) has been extended to 5:00 p.m., New York City time, on July 18, 2014 (the ‘Expiration Date’). Other than the extension of the Expiration Date, the terms of the Offer are unchanged.
About Brandy Chetsas
Brandy L. Chetsas is editor in chief at Bankrupt Company News. She joined New Generation Research, Inc. in 1998. As Director of Strategic Content, she leverages 20+ years of communications and project management experience for the distressed investing sector–with particular expertise on corporate restructurings via Chapter 11. Brandy began her career writing for a law enforcement-related publication and teaching English courses at numerous colleges in the U.S. and abroad.