InvestorsHub Logo
Followers 34
Posts 1880
Boards Moderated 0
Alias Born 03/31/2015

Re: TexasRambler post# 515

Monday, 05/23/2016 1:33:42 PM

Monday, May 23, 2016 1:33:42 PM

Post# of 4800
Look up CODI.

I'm not a day trader.
It's just not worth the risk for me to get a tax hit. That's why I bought the senior notes



Look at the tax hit unit holders could get.
This is not a stock Tex it is a partnership unit.

this is for LINE but it has the same structure as BBEP.

http://files.shareholder.com/downloads/LINE/1771127700x0x889270/3AA043BC-7A18-4637-9F10-BF623829631B/S-4_FINAL_Slides_04_26_16_v3.pdf

"– If future restructuring of LINE indebtedness results in $1 billion, $3 billion or $5 billion of CODI,
then $2.83, $8.50 and $14.17, respectively, of CODI will be allocated to each outstanding LINE
unit"


for all I know there could be residual value in the units after BK. That would be great for me since the bonds I bought will be worth about 10X the current price.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.