RE:RE:RE: New $260 million note ? BBD was supposed to repay notes !Best use of funds. IMO is to buy back the pref C. At $18 they'd save actual cash (yield on prefs is 8.7% @$18) , interest is tax deductible whereas dividends are not ?, recognize a gain of $66M, removes potential share dilution of 115M shares (basically buying back 5% of bbd.b shares). Anything above $18 I will tender and plow back into shares. I have received in excess of $18 in dividends since 2009. GLTA.