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victorgtz1

victorgtz1
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  • Chesapeake's (CHK -2%) bond case will get a speedy resolution, as a judge sets an April 23 trial date to settle a dispute with bondholders over a redemption it’s attempting. CHK wants to redeem bonds set to mature in 2019 but contain a provision that allows it to redeem them at par up to March 15, 2013. One bondholder sees a slim chance for settlement at some premium over the bonds’ current trading price of 105. [View news story]
    if i have 100k bonds, what would be the redemption amount/price breakdown (including the make-whole @ 50bps premium) ?
    Mar 20 02:32 PM | Likes Like |Link to Comment
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