The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments

URL:  http://boards.fool.com/youve-overlooked-the-interest-payment-while-they-25857382.aspx

Subject:  Re: Fortis 23% bond Date:  8/31/2007  3:31 PM
Author:  LostCommuniques Number:  21453 of 35397

You've overlooked the interest payment. While they may not lose on the principal either way, they have paid pretty handily for access to that principal. Fortis is paying a 23% yield for the capital to make this investment. That is a pretty significant stake.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us