Replies to post #413 on ATPG Senior 11.875% 2nd Lien Bonds (fka ATPG.GE)

[BuckeyeOil]

I believe they are NOW....NOW that they KNOW they can own it all, you can bet they are...You are exactly right in my opinion....EASIER to deal with bond holders with base of .10 on the dollar.....and common with base of the same...Im sure this is exactly what they are thinking....Their base deal at $690 mil is so cheap, who cares about another $300 mil spread around to get commons and bonds on board, reduce the debt by a couple billion total and add 300 million new shares......Just my opinion ....Do you own gambling.....

[56Chevy]

They may have left the building but they haven't sold their 2nd Lien positions...or added to their DIP commitment(s).

Rule 2019 requires supplemental statements

There have been no material changes with this group since 1/23/2013.