Tuesday, November 28, 2017

Distressed Debt Watch

  • Exco Resources (XCO, EDGAR) bond due Sept 2018 trading at 10 cents, YTM over 650%. 
  • Cobalt International Energy (CIE, EDGAR) bond due Dec 2019 trading at 11 cents, YTM ~160%.
  • Iconix Brand Group (ICON, EDGAR) bond due March 2018 trading at 85 cents, YTM of 63%.
  • Bon Ton Stores (BONT, EDGAR) bond due June 2021 trading at 30 cents, YTM over 50%.
  • Egalet Corp (EGLT, EDGAR) bond due April 2020 trading at 45 cents, YTM over 45%.
  • GNC Holdings (GNC, EDGAR) bond due August 2020 trading at 59 cents, YTM of 22%.
  • Frontier Communications (FTR, EDGAR) bond due April 2022 trading at 75 cents, YTM of 17%.

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