Smurfit Stone Container Corporation
To be successful trading distressed debt securities investors must think out of the box. Management and creditors of Smurfit Stone Container Corporation think about the box. This operating company in chapter 11 bankruptcy makes corrugated containers, kraft paper, market pulp and is a large recyler of paper fiber. A confirmation hearing on its restructuring is scheduled for April. Distressed debt investors of Smurfit Stone will recieve common stock in exchange for their bonds. Recoveries can be determined by reading the Disclosure documents. You can also contact Performance Plus Advisors, Inc. to obtain a copy of their Distressed Debt Research Report on Smurfit Stone. These securities are worth watching.
8.375 due 7/1/12--- (symbol sscc.gd) Price 81
8.25 due 10/1/12--(symbol sscc.gg) Price 82
7.50 due 6/1/13--- (symbol sscc.gi) Price 79
7.375 due 7/15/14--(symbol sscc.gn) Price 83
8 due 3/15/17----(symbol sscc.gs) Price 82
7.5 due 11/20/25---(symbol js.gb )* GTD DEB Price 87
Stephen P. Vlahos
Download Smurif Stone Distressed Debt Research-2
Sue,stop take a breath and hug ur fmlaiy.now congratulations, u r learning the lessons that help people become multi millionaires. only now is a test.bankruptcy as a sole owner goes against everything' u own. sorry.now luckly , ur creditors can not come to ur house and break u up like in the old days of credit.they can and will harrass u till u pay or croak. ignore the phone.given that , close ur biz , go find full time employment. pay ur house debt and keep ur head above water.suggest u visit dave ramsey.com to learn from others challenges so u don't have to do it the hard way.References : ex street bum, biz owner now Was this answer helpful?
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