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Distressed Debt: Petroplus and Guarantor Structures

By DistressedDebtI... on Wed, 2012-01-11 01:02
(via www.distressed-debt-investing.com)

Yesterday, I mentioned that one of the ways I find distressed debt ideas to research is via the price action.  Here is a chart of Petroplus' 7% bond due 2017:

In the painfully slow, last week of the 2011, Petroplus ("the Company") announced that its revolving credit lenders froze...

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