InvestorsHub Logo
Followers 0
Posts 54
Boards Moderated 0
Alias Born 09/03/2007

Re: None

Tuesday, 05/31/2011 8:31:55 PM

Tuesday, May 31, 2011 8:31:55 PM

Post# of 3649
H's owed another year of interest accretion?

It seems worth noting that the order settling the price that is listed in the iBox was simply an order recognizing that the value of this debt in this matter should be the current carrying value of the debt (with only interest accretion to date considered, and not the full maturity value of $50). However, as another year has passed from the time of that order, I wonder if there won't be another year's accretion added on to the calculated current value of the debt to be used in a settlement? It wouldn't be a huge difference but it's in following with the whole point of the exercise.

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.