Friday, March 8, 2013

No Suntech Announcement ($STP)

Despite that weird Chinese media article about an exchange offer last night, today we saw... nothing.

Friday a week before a bond maturity (with a bond trading at 35) is sort of prime time/the last chance to address it.

If they were just going to default, this is what it would look like.


Jason said...

Heres another chinese talks about bankruptcy, but not sure exactly what it says. Can anyone translate?

CP said...

What's your email address?

I can send you a rough translation, but it is saying bankruptcy and nationalization.

Jason said...

Ok thanks email address is