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DDMasterStocks

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DDMasterStocks

Re: JP-Stockton post# 40150

Monday, 11/02/2020 6:34:45 PM

Monday, November 02, 2020 6:34:45 PM

Post# of 43522
COTRP full recovery exceeds $25 a share. The highest it traded was around $31 a share, and averaged about $25.7 a share.

Because it is a 3rd party corporate backed bond, it makes me wonder. It was designed never to fail, and the worst case scenario was to call the bond at face value of $25 a share, and refinance the interest at a lower rate from 7.625%.

Now what did the agreement say!! First through Third Tier get 100% or more, and COTRP was arguing for full value as well.

They got something.....!!

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