TSX:HSE.PR.B - Post by User
Post by
TradeTraceron Jan 05, 2019 1:07pm
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Post# 29190143
Potential new investor here
Potential new investor hereHey everyone,
Just been doing some searching around and came across Husky. I am particularly interested in their preferreds but I see their Husky newsfeed is down.
With interest rates expected to rise it would seem preferreds would be out of favor but what I don't understand is with a(n) (upto) $12 difference in market price to strike price with Husky preferreds wouldn't that overcome the risk of rising rates?
Understandably Husky could keep the preferred debt in limbo for years but all the while it is still paying a divy so if someone had a bit more information to enlighten me it would be much appreciated!
Thanks
TT