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No. of Recommendations: 2
ps Frankly, I think the bonds are a better bet as of today. It's not like VRX can waste their cash on another acquisition or borrow more, those days are over for a long time.


Author: NajdorfSicilian | Date: 8/22/2016 5:08:28 PM | Number: 26181

Bonds hit their high of the year today at 87.875 or 8.1% yield for the benchmark 6 1/8 coupon issue maturing in 2025.



Fwiw, these bonds are currently priced at ~$94, but no longer active benchmark issue. Looks like ~11.5% annual return past 2 years.

Stock is down 15-20% over that time frame.
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