No. of Recommendations: 0
I looked at some of them. Rated CCC or B, below investment grade, short term (2 to 5 year maturities), selling clost to par, yielding around 7%.

Company was taken private 4 or 5 years ago by several groups. I did find their quarterly report and semi-annual numbers at the very bottom of their home page.

I looked at the numbers VERY BRIEFLY, but I did not see anything really glaringly that said stay away. They are expanding, long term debt is being reduced. You might come away with a different opinion.

7% seems low for CCC, but I guess its just a sign of the times that I have not adjusted to yet. I also wonder if the actual credit rating should be a bit higher. Your thoughts might differ.
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