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% coupon053499AF6 @ 10.125% couponthe 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-...
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