Motors Liquidation Company GUC Trust Units
MTLQU
pitch
long
David Magid
Thesis
Motors Liquidation Company General Unsecured Creditors (GUC) Trust Units (MTLQU) provide a compelling risk-reward opportunity as they are currently pricing in an unrealistically high level of allowed claims. The Trust Units pay out in New GM Securities, which are trading at a compelling valuation, and at $22.90/unit, they offer 15% - 85% upside, plus a free option on the underlying GM stock price.
Did it work?
Not analyzed yet — run analysis from the issue page.
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