Last I heard (last night), is that bond deal would price this am at 11%; cut back to $250MM (they don't need the full $300 now anyway); full disclosure of OPCO financial information.
Regardless of bond deal getting done, this stock is as out of favor as a stock can possibly be right now. Won't change overnight. Could easily drop to 10 (or worse). But the business remains strong. That will eventually affect the price, but it will take a lot of time. Trade the stock at your peril. Hold it long term and benefit.