Distressed Credit. Not investment advice - unless I'm right
May 30 • 13 tweets • 2 min read
$QVCGA some LME musings. I'm not an expert or plugged in. on the other hand, my musings are free.
$QVCGA First, there's probably no LME at the QVC Group level. The preferred in QVC Group has no teeth. We might see a sale of the Cornerstone Brands, which would be very interesting. The current $1.3B of preferred is trading at a value of $75M.