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.
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