DuPont spin off reassures investors

By Jon Close

Monday, October 28, 2013

US chemicals firm halts spread widening with intention to sell off profitable but slow growth performance chemicals segment

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TAGS: CDS

Comment by: Anonymous. Posted 11 years ago [2013-10-28 23:26:25]

This looks like one of those cases in which debt and equity interests are not aligned. Equity may not like slow growth with steady profits but average ROE. But that status quo is not bad for the debt. If anything, this spin-off now raises questions of what debt goes with the spin-off. I would have guessed there'd be widening rather than tightening.

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