Replies to post #4 on Catalyst Paper Corp. Debt

[Enterprising Investor]

Last Trade Data:

Bond: CTLU.GC Senior Secured Notes
Coupon Rate: 11.000
Maturity Date: 12/15/2016
Price 58 (1/11/12)

Bond: NSG.GG Senior Notes
Coupon Rate: 7.375
Maturity Date: 03/01/2014
Price: 9.60 (1/10/12)

Common Stock: CTLUF
$ 0.025 0.00 (0.00%)
Volume: 2,250

[56Chevy]

"...the Agreement is subject to termination if a new labour agreement with all union locals at the company’s Canadian mills has not been ratified by January 31, 2012".

Union agreement could be a problem and maybe not but other than this Catalyst Paper Corp Debt has nice possibilities.