The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments

URL:  http://boards.fool.com/the-range-that-the-article-lists-is-quite-31011154.aspx

Subject:  Re: Any updates on Edison Mission Energy bonds? Date:  12/8/2013  12:38 PM
Author:  aj485 Number:  35114 of 35576

The range that the article lists is quite interesting. I don't know where the low percentage comes from. It's not a likely outcome IMHO based upon the bond trading hands near $75 with some regularity.

The WSJ indicated that the filing last week indicated that the company had said they expected a 57.3% recovery if they don't get better offers than the NRG offer http://online.wsj.com/news/articles/SB1000142405270230409610...

Edison Mission on Tuesday filed an updated version of its Chapter 11 plan with the Chicago bankruptcy court, adding th