The US Bankruptcy Court approved the modified first amended plan of reorganization of Southcross Energy Partners, L.P. on January 27th, 2020. The debtor has filed its modified first amended plan in the Court on January 24, 2020. As per the modified plan, allowed new money DIP claim of $72.70 million, administrative expense claims, U.S. trustee fees, professional fee claims, priority tax claims, priority non-tax claims and other secured claims, shall be paid in cash. Allowed roll-up DIP claim of $116.90 million shall receive its pro rata share of the roll-up DIP new preferred units distribution. Prepetition revolving credit facility claims of $81.29 million shall be recovered 33.7% i.e. $27.39 million and shall receive pro rata share of the prepetition revolving credit facility new preferred units distribution and the prepetition revolving credit facility new common units distribution. Prepetition term loan claims of $309.42 million shall be recovered 6.10% i.e. $18.87 million and shall receive pro rata share of the prepetition term loan new common units distribution. General unsecured claims of $215.15 million, sponsor note claims of $17.38 million and subordinated claims shall not receive or retain any distribution under the plan. Existing interests shall be cancelled and shall not receive or retain any distribution under the plan. The plan shall be funded through cash in hand, sale of assets, exit term loan of $35 million, exit revolving credit facility of $30 million, issue of common stocks for $22.28 million, issue of preferred series A stocks for $152.66 million and preferred series B stocks for $28.50 million.