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Market: BK = Bank loans, CV = Convertibles, DD = Distressed Debt, EM = Emerging Markets, HY = High Yield, IG = Investment Grade, LM = Liability Management, MU = Municipals, PP = PIPEs, PF = Preferreds, PV = Private Placements, SP = Structured Products
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Drax Holdings
12/22/2003
DD
Drax restructuring becomes effective
12/18/2003
DD
Fitch expects to lower Drax senior bonds to DD
12/10/2003
DD
Drax creditors approve schemes of arrangement by 99%, International Power will not receive shares
12/1/2003
DD
Drax rejects improved International Power, saying could delay restructuring
11/17/2003
DD
Drax Holdings releases details of £1.3 billion debt restructuring
10/28/2003
DD
Drax Holdings to issue notes in sterling only following restructuring
10/10/2003
DD
Drax Holdings creditors support restructuring proposal, obtains extension on standstill agreement
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