Dec. 19 at 1:50 AM
$ET $NFE $COMM $APH
Read CommScope debt story: Carlyle acquired CommScope in 2011 and took it public in 2013, acquired companies. At peak stress, CommScope carried ~
$9–10B of net debt and the stock traded below
$1 amid bankruptcy fears.
CommScope wasn’t liquidated because the assets mattered. Creditors preserved operations, reworked the capital structure, and executed strategic asset sales. Equity was volatile, but enterprise value was protected. As leverage normalized, the stock ultimately recovered to ~
$18. Other side, who bought their assets , their stock went up too
$APH
NFE is in a similar situation with tremendous asset value: as per the latest forbearance blocked acceleration or liquidation, LC liquidity is preserved, and discussions are centered on restructuring — not shutting down real LNG-to-power assets.
FEMA payment will be so helpful to this company right now so pray for that.
@CFAstockpicker @J_Paul @CopperFox @WesEdens
CommScope Equity Chart below fYi
