Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Level 3 bonds continue to rise with rising investor confidence.

Here are today's prices (vs. 2/27/02 prices, change):

Moody S&P Qty Min Issue Coupon Maturity Yield LY Price
Caa3 CCC- 50 Level 3 Co 11.000 03-15-2008 28.939 28.939 50.687 (44.563, up 13.7%)
Caa3 CCC- 100 1 Level 3 Co 11.000 03-15-2008 26.706 26.706 54.687 (44.563, up 22.7%)
Caa3 CCC- 100 Level 3 Co 11.000 03-15-2008 29.574 29.574 49.625 (44.563, up 11.4%)
Caa3 CCC- 50 Level 3 Co 9.125 05-01-2008C 27.421 27.421 47.625 (42.500, up 12.1%)
Caa3 CCC- 230 5 Level 3 Co 9.125 05-01-2008C 27.130 27.130 48.125 (42.500, up 13.2%)
Caa3 CCC- 100 1 Level 3 Co 9.125 05-01-2008C 25.737 25.737 50.625 (42.500, up 19.1%)
Caa3 CCC- 100 Level 3 Co 9.125 05-01-2008C 28.053 28.053 46.562 (42.500, up 9.55%)
Caa3 CCC- 100 1 Level 3 Co 11.250 03-15-2010C 24.489 24.489 54.687 (44.688, up 22.4%)

Over the same period, the stock is up a bit too--3.14 to 3.90 (up 24.2%).

Progress seems painfully slow, but we are clearly moving in the right direction.

Best wishes,
Mark Hirschey
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.