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source for the call rumor?
That came from a UBS VP.
company said they will send a letter to shareholders if there is a call so it is pure speculation at this point. maybe yes, maybe no. Look at BBTpB, it is trading at over $26 and the company siad that they will call it, go figure.
P.S. it is also rumored that a new one will be issued with a 5.5% coupon. rumor says that one is not attractive.
they did just issue 400M of new bonds w/ 5.7% coupon. I would think they would go after FGE 1st and the FGC w/ what is left over. who knows