Marc Lipschultz, the head of global investment firm KKR & Co's Energy and Infrastructure unit, has resigned from the board of Energy Future Holdings Corp, Bloomberg reported.
Energy Future Holdings Corp
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Energy Future Holdings Corp planned to pay its junior bondholders in coupons to stave off bankruptcy.
EHF to make million dollar interest payment on Friday in hopes of restructuring.
The hiring of two new Energy Future Holdings Corp board directors was seen as timely as the power producer needed to decide on making its USD270 million interest payment before November 1.
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