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Puerto Rico approves key bill for PREPA deal
Feb 16 2016, 02:19 ET | By: Yoel Minkoff, SA News Editor Contact this editor with comments or a news tip

Puerto Rico's House of Representatives has approved a bill aimed at overhauling the island's troubled power utility PREPA, pushing the agency a step closer to finalizing a deal with creditors to rearrange more than $8B of debt before a key deadline.Under terms of the restructuring, bondholders would accept a 15% cut to repayments, but could could walk away from the deal if it isn't enacted by midnight on Tuesday.
 
Occasioni per YH:

Hunkered Down, Waiting for More Bargains

For instance Cowen Group has a baby bond (NASDAQ:COWNL) which now is trading with a current yield of 9.2%. Cowen Group, which is an investment bank, sports a stellar balance sheet. JMP Group, another investment bank, but with a less solid balance sheet has 2 baby bonds outstanding with current yields of 10.1% and 9.3%.


Fatto un ingressino modesto modesto su Cowen e JMP, ma i prezzi sono già risaliti :(
 
a qualcuno è arrivato questa email dalla sua banca?......La informiamo che la societa GOODRICH PETROLEUM CORP. ha lanciato un?offerta di
scambio sulle azioni GOODRICH PETROLEUM (ISIN US3824108845).
 

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