When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Golar LNG Partners LP 8.75% Series A Cumulative Redeemable Preferred Units
I recently wrote an article on the proposed restructuring of Golar LNG Partners' debt in which I recommended, with a significant caveat, acquiring the preferred units (GMLPP) of the company while avoiding the common units (GMLP). The caveat related to the meeting at which the bondholders were to be asked to approve the restructuring, scheduled for April 21. I warned investors that, while I expected the proposal to be approved, the results of a rejection would be cataclysmic, both for GMLP and GMLPP.