SiliconInvestor
     Advanced Search   [ sign in ]

sponsor
Sponsor

 Strategies & Market Trends : 50% Gains Investing

 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
To: Dale Baker who wrote (107946)5/16/2012 12:38:27 PM
From: JerrymacRead Replies (1) of 114435
 
Good point Dale, after giving some thought about this it occurred to me that since the retail guy cannot trade the senior MHR debt because of the 144a status, then the D's are (will be?) the only game in town for Magnum income investors. It is not totally irrelevant what the senior debt trades at, but rather a variable one must consider in making a decision. If the C's get called, its a good bet the proceeds find there way into the D's. An aside related note, GMXR just "swapped" their 144a debt for equivalent retail tradable debt (non144a). These are 11% due 12/01/17. RTQ ~84 cents on the dollar, cusip # 38011maq1.

finance.yahoo.com 
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQ
Copyright © 1995-2013 Knight Sac Media. All rights reserved.