Don't forget HC you gotta have deep pockets if buying up the OBs in volume because you cannot redeem in tranches they have to be payed for in full
So 10 mill OBs purchased now will cost you $150k plus interest to recover as and when you see fit
That's not exactly small change to me
And I understand you could arrange a loan to redeem if they are well in the money but still something to be considered by the smaller investor
Anyway interesting few months coming up one would think
Don't forget HC you gotta have deep pockets if buying up the OBs...
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