10:09 AM EDT, 06/24/2022 (MT Newswires) -- Avaya Holdings (AVYA.NaE) said Friday its Avaya Inc. subsidiary has increased its offering of 8% exchangeable senior secured notes due Dec. 15, 2027, to $250 million from $150 million.
p
Why AVYA going down?
D
Intra day targets $3.30
L
How do you drop from $20 to $2 - they lost all their business?
r
buyout, perfectly positioned
F
Debt now is 5 times what this company is worth. Tic toc, same fate awaits them.
S
Just a debt offering to refinance debt coming due in 2023. No shares.
D
Back to $3 get some support there
D
Still lots of cash in the bank just rolling over debt companies good or the would get there money back
D
Anyone want to invest in outdated hardware for call centers when cloud solutions are everywhere? With cloud you don't need a team of system admin on the payroll
J
Keep dropping
p
Today $5
J
What's funny is the June 2023 $350m bond strengthened slightly today as the price almost doubled. They have to refi it, and it yields 20% now.
j
Much better day for AVYA , invested following news and subsequent dip after Tuesdays announcement on yesterday and today’s panel discussions. Good for a 15-20% day and possibly a follow up announcement or contracts. GLTA!
r
out of business? bankrupt? not today fellas, @TOM,
YOUR PREDICTION MIGHT HAVE SOME BASIS,
maybe not verizon, but att,
D
Back in holding well push into $3s
A
Come to HCDI and CEAD. Thanks me later.
p
what happened,pleases
F
looking to raise as much as $500 in new secured debt. As much as the company is worth. Ouch.
YOUR PREDICTION MIGHT HAVE SOME BASIS,
maybe not verizon, but att,