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Prospect News home > News index > List of issuers B > Headlines for Bayou Steel BD Holdings, LLC > News item
Published on 12/23/2019 in the Prospect News Distressed Debt Daily.

Bayou Steel BD names Liberty BSG Holdings winning bidder for assets

By Caroline Salls

Pittsburgh, Dec. 23 – Bayou Steel BD Holdings, LLC named Liberty BSG Holdings Inc. as the winning bidder for its assets, according to a notice filed Saturday with the U.S. Bankruptcy Court for the District of Delaware.

The notice did not disclose the amount of the winning bid.

The auction was held on Dec. 18. The sale hearing was scheduled for Dec. 23.

Bayou Steel is a Laplace, La., manufacturer of light structural and merchant bar steel products. The company filed bankruptcy on Oct. 1 under Chapter 11 case number 19-12153.


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