Energy Future Holding Corp. won approval for its main unit to borrow more than $2 billion to keep operating in bankruptcy after the company and junior creditors negotiated details about how the cash would be used, Bloomberg News reported on Friday. Bankruptcy Judge Christopher Sontchi signed the order on Friday after the company made a handful of changes to the wording with the consent of creditors that objected to the loan. In return, the company agreed not to use $150 million in cash as collateral after creditors complained that might threaten Energy Future’s ability to repay them.
