Credit Suisse First Boston won an auction of National Energy & Gas Transmission’s bank debt last week at 67.55-68 from Société Générale. The end of the quarter transaction, believed to be between $25 and $30 million, occurred just as the corporate is close to emerging from bankruptcy. Officials from SG and CSFB declined comment. Bill Runge III, NEGT’s interim cfo, did not return calls.
CSFB Wins NEGT Debt Auction