I have been looking at the array of Frontier Bonds and ther Preferred. All of the bonds are rated Ba3/BB-. All of the bonds through the 4/15/22 maturity are trading above par with yields from 4-8%. The '23-'25 trade below par with the 6.875% of 1/15/25 at a YTM of 9.5%. The Preferred trades with an 11% yield. It is a mandatory convertible on 6/29/18 @ 20 FTR shares if the common is below $5.00 and 17.02 shares if avove $5.87. Quite a lot of choices. To the FTR common stock buyers: 1. What are the odds that FTR will go bankrupt? 2. Which of the fixed income choices offers the best risk/reward. Thanks in advance.
Maybe I'm missing something that's right ion front of me but in every press release I scan and on the website all I see is that Hannon Armstrong announces the pricing of the offering. But I don't see the actual price anywhere. Has my brain gone dysfunctional? Thanks.
Helicopter accident in the North Sea. Or, rather, the reaction to the accident. It was not BRS's fault but a defect in the copter. The model was pulled from servive. BRS acted proactively in grounding these in Australia even though they were not required to. Nonetheless, the company stated that it could not determine if this would have a material effect on the company.
Watch " The Big Short" to see just how egregious and how far fraud can go without significant punishment. FWIW, my cynicism about the American "justice" system leads me to believe that after some lengthy jaw-boning and pontificating by politicians allegedly "looking out for the small guy" all of the for-profit schools will tap dance away with a fine, some agreed to changes in their practices. All without admitting guilt.
Thank you for your help. At this point in my investment career I am somewhat shifting my focus from common stocks to bonds/preferreds to achieve more balance and as a more stable source of income. I am still at the early stages of the learning curve here despite 30 years of common stock investing.You are one of the few message board posters I have found who actually focuses on the investment merits rather than their own ego or other nosense. I did e-mail SVU investor relations but have not yet received a response. What do you mean by posting it at "the corner?"