High Yield Bonds

by Anonymous Questions | November 25, 2015 1:49 pm

I am a irregular member.
Please help me with this matter:
I kept a eye in CNX Bonds[1] – Coupon 8,25% Maturity: 2020 The price at this moment is 84 USD. It´s seems to me like a very good deal at this price, but i´m afraid to step up because i don’t know very well how it works. What´s mean unsecured bond? I know the company – consol energy – i dont think it go busted (bankrupty) anytime soon. I feel confident when i see David Einhorn[2] buy the stock.

What the risks here? Can they cancel the coupon?
Hope to hear from you,
Regards,

Source URL: https://www.stockgumshoe.com/2015/11/microblog-high-yield-bonds-2/

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