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Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B



TSX:HSE.PR.B - Post by User

Comment by RagingBull3on Jun 04, 2020 1:05pm
142 Views
Post# 31112326

RE:RE:Conditions that make the "A" and "B" interesting

RE:RE:Conditions that make the "A" and "B" interesting

I think the "A" March 2021,  "B" I think renews every 3 months.    When the "B" renews, I think it's going to take a significant hit on the rate/yield.    What that translate on the share price, not sure.   I assume the market knows this, so it seems not a big deal....given what the share price is doing.

I could be wrong, so do your DD.

Right now the "B" is yielding about 12.8% with share price around $6.70.    I expect the yield to drop significantly when it resets.      Will know soon what happens.

 



wheeloffortune wrote: When does A & B come up for renewal? 

RagingBull3 wrote: If you think good chance of company going Private, the A and B are good play.

On top of that, if you think rates will be going back up sooner than later, the "B" becomes even more interesting.

Both I considered more "leveraged" to BoC rates compared to C,E,G....

Both cases, need to consider reset rate.
 




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