The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments

URL:  http://boards.fool.com/yes-i-read-that-but-excuse-my-lack-of-knowledge-30565768.aspx

Subject:  Re: Preferred shares below callable price Date:  2/27/2013  9:49 PM
Author:  Scalius2000 Number:  34812 of 35362

Yes, I read that but excuse my lack of knowledge in the pref share space but at the end are those shares worth 25$? The yield is over 6% right now. I understand that extension can be made past 2017 but would those shares get at least around 22$ near the end of the first term?

I know the BB rating is quite low but this company has highs and lows because of the cyclical nature of the industry they operate in. I highly doubt they would go out of business soon.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us