GREY:TBTEF - Post by User
Comment by
qwqwon Jun 25, 2016 9:31am
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Post# 24998121
RE:Debs trade "on an interest flat basis" as of Monday
RE:Debs trade "on an interest flat basis" as of Monday "Any interest those debs earned from my purchase date to the closing of a deal would be paid at closing, and of course no interest would be paid to me for the period before I purchased."
It is true that anyone who sells from here on before the deal is finalized will receive no interest.
The buyer who waits for the deal to finalize will receive the $3.12 (owed at the end of June) as well as accured interest. That should definitely make the sellers think twice.