tag:blogger.com,1999:blog-1527840491496268397.post6872485788322028918..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Who Is Buying Genco?Unknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1527840491496268397.post-32438884151584498292014-03-09T12:22:32.870-07:002014-03-09T12:22:32.870-07:00"The limitations on suits set forth in clause..."The limitations on suits set forth in clauses (a) through (e) of this Section 6.06 shall not apply to actions instituted by a Holder for the enforcement of payment of the principal of or interest amounts on any Security on or after the applicable due date or the right to convert any Security in accordance with the Indenture."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-35144847788441183672014-03-09T12:20:17.022-07:002014-03-09T12:20:17.022-07:00GENCO SHIPPING & TRADING LIMITED
FIRST SUPPLEM...GENCO SHIPPING & TRADING LIMITED<br />FIRST SUPPLEMENTAL INDENTURE<br />DATED AS OF JULY 27, 2010<br /><br />http://www.lawinsider.com/contracts/2DeE95RNXo8DLkGNec34Vy/genco/1326200/2010-07-27Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-81500327640087933292014-03-09T12:18:14.961-07:002014-03-09T12:18:14.961-07:00The Company did not make the scheduled semi-annual...The Company did not make the scheduled semi-annual interest payment of approximately $3.1 million (the "Interest Payment") due on February 18, 2014 (the "Payment Date") under the Notes. However, under the terms of the Indenture, a failure to pay interest on the Payment Date does not constitute an Event of Default (as defined in the Indenture) unless such failure continues for a period of 30 days (the "Grace Period"). <br /><br />http://biz.yahoo.com/e/140219/gnk8-k.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-85511999204665449572014-03-09T12:17:31.644-07:002014-03-09T12:17:31.644-07:00They could be sued by minority bondholders as soon...They could be sued by minority bondholders as soon as the grace period expires.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-14379476619293256872014-03-09T11:26:40.753-07:002014-03-09T11:26:40.753-07:00Anyway they could get an extension on the grace pe...Anyway they could get an extension on the grace period? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-82267150221669022752014-03-07T11:54:49.485-07:002014-03-07T11:54:49.485-07:00nm:
http://www.ft.com/intl/cms/s/0/87e0fc46-a542-...nm:<br /><br />http://www.ft.com/intl/cms/s/0/87e0fc46-a542-11e3-8988-00144feab7de.html#axzz2vIw6zwggCPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-56705635112928847302014-03-07T11:50:57.544-07:002014-03-07T11:50:57.544-07:00Can you post a link?Can you post a link?CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-22679131685452706272014-03-07T09:08:48.031-07:002014-03-07T09:08:48.031-07:00FYI: there is an article in today's FT you sho...FYI: there is an article in today's FT you should read, CP: "Banks are a proxy for credit bubble fears."Anonymousnoreply@blogger.com