High Yield News

Global High Yield Option Adjusted Spread

Global High Yield Option Adjusted Spread

Wednesday, July 29, 2009

USEC

USEC's numbers continue to look crappy, bonds traded down on 89MM volume to
high 50's when the collapse of the American Centrifuge Plant project was
announced. Stock down from 6.2 to 3.89 (not reflected in snapshot numbers yet).

A very unstable situation with no obvious compelling reason to have
a closer look.



USEC Inc

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