RadioShack CDS Widens, Bonds Dip As Wedbush Says Ch.11 Is Imminent |
| September 10, 2014 | September 2014 Bond Updates |
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Credit protection on RadioShack pushed toward record-wide levels today, while the company’s bonds dipped and shares plunged, after equity research out of Wedbush Securities flagged an imminent bankruptcy filing. The company’s 6.75% notes due 2019 dipped a couple of points, to a 40 context, with odd-lot trades reported at 38, versus record lows around 34 in June, trade data show. |
| View more at: http://www.forbes.com/sites/spleverage/2014/09/09/radioshack-cds-widens-bonds-dip-as-wedbush-says-ch-11-is-imminent/ |
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