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DryShips, Inc. Message Board

  • dvrste dvrste Sep 24, 2013 10:43 PM Flag

    Finances of co

    as fncl guru --- there is reason the cvtbl bonds ( $700 million) are not rated. Cash will need to be generated to redeem the bond by 12/14--absent a rise in the share price of about a double. Cash flow from operations won't cover it & not much wiggle room appears to be remaining with banks. Since I took a flyer & hold some of the issue, am hoping they canwork through the details.

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