LEP ale property group
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  1. boomeronrations
    7,811 Posts.
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    01/04/10
    19:07
    Post #: 6527748
    Hi anybody interested in hybrids etc,

    A tad underwhelmed by these.
    Or am I missing something?
    8.5% doesn't seem to stack up against the yield from regional bank hybrids, or stepped up and nearly stepped up securities such as aazpb, rhcpa, sevpc.
    I know they are cumulative, but others dont look that likely to default anyway.
    Look forward to others opinions.

    cheers
    LEP Price at posting: $2.19 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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