Peabody Energy Corporation (BTU): Peabody bonds still down IF the commo...

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Peabody Energy Corporation (BTU)

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Re: seaturtle post# 1581

Tuesday, 10/25/2016 1:24:54 PM

Tuesday, October 25, 2016 1:24:54 PM

Peabody bonds still down

IF the common shares are going to recover anything, why are the Peabody bonds still trading way off and not or near par?

Most bonds are trading at 40, or near 20 for the 2066 series. If there really was going to be a recovery, one would expect they should be trading higher, or the muppets would pile into the bonds first and then the common shares once most or all of the bond series were near par.

Louis J. Desy Jr.

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