It makes it a little more attractive but my sense is that a good block of bondholders still won't participate. Gary Stromberg More Quotes by Gary Stromberg More Quotes From Gary Stromberg Bondholders have a laser-focus on covenants. Gary Stromberg company-news You can see how these events can be very disconnected from what is going on with oil prices. Gary Stromberg company-news As issuers have replaced debt ahead of the unsecureds, that has crammed the recovery on those unsecured bonds - and spreads have widened. Gary Stromberg company-news