RE:RE:RE:RE:RE:RE:CXRCN Bond Pricing Update Gabriele1965091 wrote: The situation is tragic, very tragic, but all is not lost ... I will continue to pray that something positive .. even small can access ... to have the least possible losses ... can you post the situation of the other bonds concord please?
Here are the prices for the other Concordia bonds you were asking about. All Concordia bonds were issued at par, and the first liens were just issued in Oct- 2016. I wouldn't be surprised to see a S&P ratings downgrade on the first-lien notes (sorry, rad....) as the B2 rating was from October and prior to Q3 and Q4 earnings.
I have also posted yesterday's pricing for Valeant bonds for reference. As you can see, Valeant's bonds are holding up much better.
CXRCN CONCORDIA INTL PRICING UPDATE March 20, 2017
| Security | B Px | | A Px | A YTW | A Spd | Amt
Out | Payment Rank | Moody | Notes |
| CXRCN 9 22 | 71.500 | – | 72.500 | 17.438 | 1542.500 | 350MM | 1st lien | B2 | |
| CXRCN 9½ 22 | 25.000 | – | 26.000 | 49.390 | 4737.665 | 790MM | Sr Unsecured | Caa3 | |
| CXRCN 7 23 | 20.000 | – | 22.000 | 46.111 | 4409.754 | 735MM | Sr Unsecured | Caa3 | |
VRXCN VALEANT PHARMACEUTICALS PRICING UPDATE
| Security | B Px | | A Px | A Spd | A YTW | Amt
Out | Payment Rank | Moody | Notes |
| VRXCN 6¾ 18 | 101.750 | – | 102.250 | -0.901 | 0.976 | 1.6MMM | Sr Unsecured | Caa1 | |
| VRXCN 5 20 | 86.250 | – | 86.750 | 909.756 | 10.690 | 2MMM | Sr Unsecured | Caa1 | |
| VRXCN 7 20 | 88.250 | – | 89.250 | 915.775 | 10.748 | 690MM | Sr Unsecured | Caa1 | |
| VRXCN 6 20 | 87.250 | – | 87.750 | 900.362 | 10.594 | 2.25MMM | Sr Unsecured | Caa1 | |
| VRXCN 7½ 21 | 85.250 | – | 86.250 | 962.759 | 11.641 | 1.625MMM | Sr Unsecured | Caa1 | |
| VRXCN 6¾ 21 | 85.500 | – | 86.500 | 866.458 | 10.676 | 650MM | Sr Unsecured | Caa1 | |
| VRXCN 5 21 | 79.500 | – | 80.500 | 905.105 | 11.064 | 900MM | Sr Unsecured | Caa1 | |
| VRXCN 6½ 22 | 101.500 | – | 102.000 | 391.462 | 5.928 | 1.25MMM | 1st lien | Ba3e | |
| VRXCN 7¼ 22 | 84.500 | – | 85.500 | 890.159 | 10.915 | 550MM | Sr Unsecured | Caa1 | |
| VRXCN 5½ 23 | 73.500 | – | 74.500 | 954.016 | 11.552 | 1MMM | Sr Unsecured | Caa1 | |
| VRXCN 4½ 23 | 72.000 | – | 74.000 | 1071.293 | 10.315 | 1.5MMM | Sr Unsecured | Caa1 | EURO |
| VRXCN 5 23 | 73.500 | – | 74.500 | 981.689 | 11.829 | 3.25MMM | Sr Unsecured | Caa1 | |
| VRXCN 7 24 | 101.500 | – | 102.000 | 451.455 | 6.523 | 2MMM | 1st lien | Ba3e | |
| VRXCN 6 25 | 73.750 | – | 74.250 | 854.211 | 11.028 | 3.25MMM | Sr Unsecured | Caa1 | |