Oxy & Transocean Bonds Slump on Fall in Oil Prices

Oxy & Transocean Bonds Slump on Fall in Oil Prices

Stocks and bonds of Occidental (Oxy) and Transocean fell sharply on Thursday. Oxy’s stock was down 8.3% while Transcoean’s stock was down 10%. Among their bonds, Oxy’s 6.2% 2040s and 4.4% 2046s were down 5.2 and 4.6 points to 99.3 and 81.62 respectively. Most of their...
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