SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E_K_S who wrote (55794)8/3/2015 10:43:54 AM
From: E_K_S1 Recommendation

Recommended By
Grommit

  Read Replies (2) of 78731
 
EXCO Resources Inc. (XCO) -
EXCO RES INC Coupon Rate 7.500 % Maturity Date 9/15/2018

Picked up $5K face value of the XCO Senior Debt Bonds. I paid $470.00 per $1K Bond. YTM is 38% (12.5% annual). New CEO Wilder and activist investor Wilber Ross have large holding in the common shares. There is also a proposed 'reverse split' for the common that will provide additional capital to support credit facility.



---------------------------------------

Plan is to hold until maturity and/or take any offer to exchange debt for equity then hedge my small position by selling the newly issued equity shares.

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News