Remy Pre-Pack Lifts Subs To Par

21 Jun 2007

Senior subordinated notes for Remy International have gained more than 70 points since mid-April and finally inched back up to par last week when the auto parts company signed a support agreement for a pre-packaged bankruptcy.

Senior subordinated notes for Remy International have gained more than 70 points since mid-April and finally inched back up to par last week when the auto parts company signed a support agreement for a pre-packaged bankruptcy. Remy's 9.375% senior subs were up to 100 from 29 and its ...

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