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Re: td31 post# 2973

Wednesday, 06/04/2014 2:34:08 PM

Wednesday, June 04, 2014 2:34:08 PM

Post# of 3649
I concur on both points td.

Scottrade has fixed my account; reversing interest previously paid on JR note; replacing it with PIK notes. Now I have cash paid for interest on Sr notes. Both payment amounts are at 1/4 of the 13% rate, as I expected.

And yes, the amounts showing in our account correlate to a $1 par value. However, when looking at quotes you should still see them quoted on a $100 par value equivalent.


This post is my own opinion, and should not be relied on for your investment decisions.

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