Defaulted RadioShack bonds still trade despite yesterday's BK court cancellation of common shares. Bonds quoted now at $0.13 down from $0.25. That's per $100 of face value.
I think I'm reading this correctly. But I know bond trading is incredibly quirky. I'm going by Morningstar's site which may have a lag on very thinly traded bonds.
I realize I'm posting this mostly for my own information since NO IHUBer has ever bought a bond, even a profoundly troubled one. (I own quite a few munis and some corporates).
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