Comment Comment by 33d3aa Its rated as junk.And if default risk rises, yes the value of those bonds will get crushed. But Id argue the value of equity will be more so - since they are not A) positive EBIT B) EBITDAThose two numbers are variables that compose measures of default risk.Calm your panties down. Kroll != S&P. parent 33d3aa 16 days ago
And if default risk rises, yes the value of those bonds will get crushed. But Id argue the value of equity will be more so - since they are not A) positive EBIT B) EBITDA
Those two numbers are variables that compose measures of default risk.
Calm your panties down. Kroll != S&P.