No. of Recommendations: 2
I’m not going to make a case for (or against) this Ba3/BB rated issuer. But I think it would be worth your time to look into the company. Below is the offering-list, with prices current as of 10.30 eastern on Tuesday.
Definitely, the stock is on a rip. I wish I’d seen that in a timely manner and had responded appropriately. http://finance.yahoo.com/echarts?s=VMC+Interactive#symbol=vm...
Vulcan Material's Currently-offered Bonds
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Cpn Due Price CY YTM
6.50 12/01/16 112.250 5.8 3.1
6.40 11/30/17 110.500 5.8 4.0
7.00 06/15/18 113.298 6.2 4.2
7.50 06/15/21 115.350 6.5 5.2
7.15 11/30/37 102.750 7.0 6.9
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