Friday, January 18, 2013

Countdown to Suntech Bond Maturity ($STP)

4 comments:

effmanny said...

What is the amount of money due 3/15?

CP said...

~$575.

eahilf said...

At the moment you can buy the Feb $1 puts for about a nickel. I guess people think any restructuring will be announced closer to the last minute than not, but I don't see why that's necessarily so...

CP said...

Right, selling those puts for a nickel is dumb dumb dumb.