Replies to post #1122 on Atlas Resource Partners (fka ARPJQ)

[StockItOut]

Yes, The BK restructure says accrued unpaid bond interest will be paid as well.

"Holders of Atlas’s senior unsecured notes, in exchange for 100% of the $668 million aggregate principal amount of notes outstanding plus accrued but unpaid interest as of the commencement of the Chapter 11 cases, will receive, on the Effective Date, 90% of the common equity interests of New HoldCo as of the Effective Date, subject to dilution by a management incentive plan."

http://phx.corporate-ir.net/phoenix.zhtml?c=251151&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTExMTE0MjUyJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3

[Congo Mining]

the convertible bonds aren't even trading.
they're worthless i think.

Only the senior notes received consideration.

[Congo Mining]

No. if they could have paid the interest there would be no BK

If you had to pay any accrued then you should take that up with your broker and they will straighten it out.