Phones 4U PIK Toggle High Yield Bonds Stagger, Sparking Default Talk

September 04, 2014   |   September 2014 Bond Updates
Phones 4U 10% PIK-toggle notes due 2019 were crushed yesterday, plummeting from 80/85 to be quoted at 10/15 this morning, while the 9.5% notes due 2018 were also hit hard as they fell from 102/103 to 45/50 this morning, according to sources.

View more at: http://www.forbes.com/sites/spleverage/2014/09/02/phones-4u-pik-toggle-high-yield-bonds-stagger-amid-default-talk/
 
Related News
Home| About us | Contact us http://www.bondupdatesdailynews.com/