Replies to post #246 on TMST, Inc., 8% Senior Notes (TMA.GB)

[vpagano]

Last trade now up to 17.1 it looks:

http://finra-markets.morningstar.com/BondCenter/BondTradeActivitySearchResult.jsp?ticker=C170460&startdate=08/01/2012&enddate=11/01/2013

The scenario you state would be quite interesting, never thought it would even be possible but doesn't take an insane recovery rate to get there in theory!