No. of Recommendations: 3
The CEO of MHR gave a presentation at the 2011 EnerCom Conference on 2/23. He stated that the company would issue a new series of pfd...D issue.... and call in their outstanding C issue at the end of the year. The remarks start at about 20:45 on the timeline. The yield to call here is in the neigborhood of 6% or so at current price. This pfd pays and fwiw.

ARCC moving to redeem their old ALD notes in time. AFC being one of them and worthwhile on it's own merits.....imho. AFC not callable till 4/2012 and i the 2047 note mentioned in the story. SA story at the link below. ARCC filed with the sec intentions for redemption on at least one series so far.....................Xot
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