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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > I Think Its Cute How Bondholders Think There Is Value Here
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Post by Health123 on Dec 09, 2016 9:03pm

I Think Its Cute How Bondholders Think There Is Value Here

It looks like even the Bondholders will not be made whole.
What does that say for the equity? Learn how the debt market works.

unsecured bonds showing the dreaded "Miss Mew After A Night Of Absinthe" formation.

Comment by RodneyCameron on Dec 09, 2016 9:16pm
Where do you find this information for what the Bonds are trading at? I am a retail investor, and I do not have a Bloomberg Terminal that costs a mere $50,000 year like this guy ! Are all the bonds doing this poorly? Greece's debt is doing better than these bonds. Yikes..... Health123 wrote: It looks like even the Bondholders will not be made whole.  ...more  
Comment by GenericAdvocate on Dec 09, 2016 9:40pm
Yes my dear Rodney. All the unsecured notes are all taking a hair cut and have formed an ad hoc committee to pressure the board of directors to restructure under Chapter 11. If you believe that the company isn't going bankrupt you should be buying the notes - YOU CAN NOT BEAT A 38% YIELD - LMLFAO!!!!!! I certainly don't have a ...more  
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