The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments

URL:  http://boards.fool.com/avaya-bonds-entry-point-30043379.aspx

Subject:  avaya bonds entry point Date:  5/16/2012  12:00 PM
Author:  altstrat91 Number:  34084 of 35361

so this is interesting. avaya is on my target buy list and now there are two little bits of info dramatically driving down the bonds price. since the close friday, the bonds were trading par and now hitting 89 cents on the dollar.

because they just reported revs a little lower than expected and their ipo is potentially now getting pushed to early 2013 because of the facebook hype.

both of these short term notes series redeems late 2015

053499AE9 @ 9.75% coupon
053499AF6 @ 10.125% coupon

the fact that their ipo is getting pushed back reminds me a bit of a couple weeks ago when Genworth said they were pushing back their australian related ipo & the stock/bonds tanked.

http://www.bloomberg.com/news/2012-05-15/avaya-bonds-decline...

http://www.reuters.com/article/2012/03/29/us-dealtalk-avaya-...
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us