Saturday, June 13, 2015

Last Week's Trades in Walter Energy and Molycorp Bonds

  • A million+ of the WLT 8.5s due 2021 traded at 3.5; yield to maturity of 222%.
  • An odd-lot of the WLT 9.875s due 2020 traded at 2.45; yield to maturity of 399%.
  • The MCP 10% secured notes were trading at around 35 to yield around 40% to maturity.
  • A single MCP note due June 2016 traded at a penny.
  • Some odd-lots of the MCP notes due September 2017 traded at around 3 cents.

1 comment:

Anonymous said...

Are you long any of these?