We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The ABB of debt recovery

1 November 2002 By Mike Monnelly

The longterm bonds are trading at 45% of face value after the struggling engineer lost its investmentgrade credit rating. Estimating the recovery value of the debt suggests the bonds aren t hugely attractive at these levels.

This content is for Subscribers only

 

The ABB of debt recovery

1 November 2002 By Mike Monnelly

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)