The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments


Subject:  money mart bond, bank loan MFs Date:  11/27/2013  12:24 PM
Author:  blacktreechaser Number:  35104 of 36785

Noticed this a few weeks ago, but did not get around to posting about it.

CUSIP is 637004AC6, 10 3/8%, callable december 28th at about 105 or make whole. Stock symbol for the company is DLLR

As I understood the news releases, financing is already secured to call these bonds.

Minimum of 5 are offerred on Etrade at about 105. (As I mentioned in a past post, I once bid for just one or two bonds when the offer was for a minimum quantity of 5 bonds, and my bid got filled immediatly).

I did not do any further looking into this bond or company. I did notice that they also have a convertible bond listed on Etrade, but I didn't look at the particulars.

There was an article in week end WSJ a while ago about mutual funds of bank loans. Supposedly they are shorter term, which gives better protection against rising interest rates, and give a higher return than treasury instruments. The article did not list any of these MFs.
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us