Dynegy bankruptcy could produce higher than expected recovery

By Hugh Keane

Tuesday, November 08, 2011

Early market reaction that bondholders could get better deal than previous debt-exchange offer

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Comment by: Anonymous. Posted 12 years ago [2011-11-09 02:31:11]

One wonders why Dynegy has executed such contorted financial maneuvers to create their own fraudulent conveyance risk and to placate bondholders as a result. At best, it's far too much activity with no creation of value. Why not focus your time on the energy business?

CLOs

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