Pacific Drilling Announces Proposed Private Offering of $750 Million Senior Secured Notes Due 2020
LUXEMBOURG–(BUSINESS WIRE)– Pacific Drilling S.A. (NYS: PACD) (NOTC: PDSA) (“Pacific Drilling”) announced today that it intends to offer, subject to market and other conditions, $750 million in aggregate principal amount of its senior secured notes due 2020 for sale in a private placement to eligible purchasers…
These often-scorned investments can prove a host of doubters wrong and deliver stunning upside as remaining bears turn back into bulls. Yet what happens to a turnaround stock that already has legions of bullish supporters? More importantly, what if a turnaround fails to take root?
Those are the concerns surrounding BlackBerry (Nasdaq: BBRY), the maker of smartphones, tablet computers and other communications gear…
discusses two exchange-traded products with exposure to
Brazilian bonds. Bloomberg Radio’s Catherine Cowdery reports on
Exchange Traded Funds.
It’s the perfect Rust Belt Revival pick-and-shovel play.
We’ll get to the company in a moment. First, let’s take a close look at its industry…