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Transocean Ltd. Message Board

  • mktplyr517 mktplyr517 Nov 11, 2013 10:31 AM Flag

    The keys to the MLP spinoff!!!

    The true key is the MLP... when RIG is the GP of an MLP its debt will effectively be transferred to the MLPs new unit holders while RIG retains a sizable chunk of the income... oh and BTW... that reduces RIGs debt service... having a VERY POSITIVE effect on RIGs EPS

    Shorts.....IF you don't understand how beneficial it is to be the GP of an MLP I suggest you research KMI & KMP.... ETE & EPT... and the best example is EPD Buying out its GP

    I believe that the MLP spinoff is worth in excess of $10 per share at its inception.... Get caught being short in that run-up

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