LOS ANGELES — An end may be in sight for the two-year old bankruptcy of the Las Vegas Monorail Co., albeit at a steep price for bondholders.

If first-tier bondholders vote in favor of the monorail’s fifth amended reorganization plan, they would be paid $13 million of the $451.4 million they are owed.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.