Post by
Gabriele1965091 on Apr 15, 2017 4:01am
COUPON 7% 2023 USD CONCORDIA BOND
HAVE YOU RECEIVED TODAY 15.04 THE COUPON BOND? THANK YOU
Comment by
Shortingtozero2 on Apr 15, 2017 10:52am
These are trading at 17 cents on the dollar and you are wondering about the 7% coupon? I am shaking my head. R I P Concordia.
Comment by
rad10 on Apr 15, 2017 12:21pm
Distressed Fixed income is definitely not for everyone.
Comment by
Shortingtozero2 on Apr 15, 2017 12:42pm
Oh come on now rad, the unsecured bondholders are fuccccked as are the equity holders
Comment by
Iattice on Apr 15, 2017 12:45pm
I'm surprised that the secured bondholders haven't sued... or ... umm... wait ... rad10, have they?
Comment by
Gabriele1965091 on Apr 16, 2017 1:59am
Since they're owning bonds in 2023 7% usd, just I wanted to know if it had been paid the coupon on this bond 15:04 Thanks
Comment by
rad10 on Apr 16, 2017 2:25pm
Hi lattice - there is nothing to sue for - as yet. The bonds aren't in default. Sure there are a couple of ad hoc pressure groups forming, but its all hot air until default. Gabriele - of course they paid - otherwise there would be a notice of default. it's business as usual - until it isnt
Comment by
Gabriele1965091 on Apr 18, 2017 8:58am
the coupon has been paid by Concordia!!!!!!!well
Comment by
rad10 on Apr 18, 2017 4:08pm
LOL - no sh1t......... There has been no notice of default.
Comment by
MrHulot on Apr 18, 2017 4:42pm
Gabriele, don’t listen to these Cockroaches. Enjoy your 7% coupon. Company has no near term dangers of default