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Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (2903)2/12/2002 5:45:34 PM
From: Terrapin  Read Replies (4) | Respond to of 3770
 
Hi GVTucker,

The thread would benefit if you would quantify a bit about what the bonds are doing. I do not have access to historic bond prices so I do not have a good picture of how their prices have changed over time.

According to BondsOnline I get this:

Moody S&P Qty Min Issue Coupon Maturity Yield LY Price
Baa1 BBB 166 Tyco Intl 4.950 08-01-2003 6.873 NC 97.384
Baa1 BBB 200 Tyco Inter 6.375 01-15-2004 6.229 NC 100.250
Baa1 BBB 10 Tyco Inter 6.375 01-15-2004 7.697 NC 97.688
Baa1 BBB 100 Tyco Intl 5.875 11-01-2004 8.180 NC 94.500
Baa1 BBB 100 Tyco Intl 6.375 06-15-2005 8.117 NC 95.000
Baa1 BBB 375 Tyco Intl 6.375 06-15-2005 8.847 NC 93.000
Baa1 BBB 100 Tyco Intl 6.375 02-15-2006 8.012 NC 94.500
Baa1 BBB 55 Tyco Intl 6.375 02-15-2006 8.128 NC 94.125
Baa1 BBB 200 Tyco Intl 6.375 02-15-2006 7.156 NC 97.327
Baa1 BBB 425 10 Tyco Intl 6.375 02-15-2006 8.955 NC 91.500
Baa1 BBB 100 Tyco Intl 5.800 08-01-2006 7.969 NC 92.000
Baa1 BBB 16 Tyco Intl 5.800 08-01-2006 8.403 NC 90.493
Baa1 BBB 345 Tyco Intl 5.800 08-01-2006 8.256 NC 91.000
Baa1 BBB 100 Tyco Intl 5.800 08-01-2006 7.489 NC 93.701
Baa1 BBB 100 Tyco Intl 6.125 01-15-2009 7.987 NC 90.250
Baa1 BBB 825 Tyco Intl 6.125 01-15-2009 6.186 NC 99.650
Baa1 BBB 75 Tyco Intl 6.750 02-15-2011 8.257 NC 90.563
Baa1 BBB 200 Tyco Intl 6.750 02-15-2011 7.961 NC 92.326
Baa1 BBB 100 Tyco Intl 6.750 02-15-2011 8.099 NC 91.500
Baa1 BBB 70 Tyco Intl 6.375 10-15-2011 7.781 NC 90.563
Baa1 BBB 100 Tyco Intl 6.375 10-15-2011 7.614 NC 91.621
Baa1 BBB 265 Tyco Intl 6.375 10-15-2011 7.791 NC 90.500
Baa1 BBB 100 Tyco Intl 6.375 10-15-2011 7.633 NC 91.500
Baa1 BBB 100 Tyco Intl 6.250 06-15-2013C 6.564 MAT 97.500
Baa1 BBB 195 Tyco Intl 6.250 06-15-2013C 6.437 MAT 98.500
Baa1 BBB 500 10 Tyco Intl 6.250 06-15-2013C 6.759 MAT 96.000
Baa1 BBB 75 Tyco Intl 0.000 11-17-2020C 1.443 MAT 76.375
Baa1 BBB 100 Tyco Intl 7.000 06-15-2028 8.211 NC 87.000
Baa1 BBB 5 Tyco Intl 7.000 06-15-2028 7.921 NC 89.857

From what I recall from the past few weeks and from what you have posted about a two particular issues it would appear that Tyco's bonds have stabilized to a reasonable level. Of course, on January 1st this table would be much happier but it is a fair lot better than it was ten days ago.

Anything you can post about the bond activity is very interesting to me. I would not consider it a bad thing for Tyco to rework the details of the spin-offs to enhance shareholder values. This is a fluid situation and I expect them to manage to the best of my interests.

Terrapin