Author's Note: This article is intended for investors oriented towards value-deep, value-distressed asset investing. Those seeking moderate- to high-risk value investments may have an interest in this article. Investments in this company at any level of the capital structure are unsuitable ...
Last Friday, RAIT Financial Trust ( RASF ) (RASFQ) filed for Chapter 11 - just ahead of a long weekend, and on the exact day its 7.125% Notes ( RFTA ) were due for redemption. The company plans to sell its assets to a buyer affiliated with Fortress Investment Group LLC for $174.4 million t...
Author's Note: This article is intended for investors oriented towards value-deep, value-distressed asset investing. Those seeking moderate- to high-risk value investments may have an interest in this article. Investments in this company at any level of the capital structure are unsuitable ...
Author's Note: This article is intended for investors oriented towards value-deep, value-distressed asset investing. Those seeking moderate- to high-risk value investments may have an interest in this article. Investments in this company at any level of the capital structure are unsuitable fo...