REFILE-BRIEF-A123 Systems receives final approval of $50 million DIP financing

Mon Nov 26, 2012 3:21pm EST

Nov 26 (Reuters) - A123 Systems Inc : * Receives final approval of $50 million DIP financing * Says the debtor-in-possession financing provided by Wanxiang Group Corporation * Source text * Further company coverage

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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