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Rocky3

12/12/15 8:25 PM

#11649 RE: jbog #11648

4/21 Bonds trading at 15.83 - 54.8% YTM ($700MM)

10/20 Bonds at 14.18 - 63.162% YTM ($500MM)

3/20 Bonds at 17.85 - 63.633% YTM ($400MM)

So, just eyeballing it, it looks like <$1.6B of debt (some has been retired) is trading at <$250MM. Still surprised that common is worth >$300MM.