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Post by easterndreams on Jan 10, 2020 13:35:10 GMT
I guess the company will survive, and be able to keep paying its debts through to 2022, but I do wonder why they didn't just pay off the hackers and make the whole thing go away.
EUR 360MM of debt endangered by not paying EUR 3.6MM ransom!
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Post by Wisealpha on Jan 10, 2020 17:16:19 GMT
Travelex don't negotiate with terrorists!
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Post by easterndreams on Jan 25, 2020 1:31:24 GMT
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Post by easterndreams on Jan 28, 2020 14:58:10 GMT
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Nomad
Member of DD Central
Posts: 727 
Likes: 494
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Post by Nomad on Mar 2, 2020 18:56:41 GMT
They will obviously be hard hit by reduced travel due to the virus now, but bonds are available at €81.50 with YTM of 18.6%.
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Nomad
Member of DD Central
Posts: 727
Likes: 494
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Post by Nomad on Mar 3, 2020 16:19:29 GMT
Now on offer at €79 with YTM of 20.2%.
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Post by easterndreams on Mar 3, 2020 23:07:52 GMT
Ouch!
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Nomad
Member of DD Central
Posts: 727
Likes: 494
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Post by Nomad on Mar 4, 2020 21:42:47 GMT
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jaswells
Member of DD Central
Posts: 254
Likes: 184
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Post by jaswells on Mar 12, 2020 10:10:50 GMT
Are they going to default on this bond? 81% YTM would suggest so.
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