TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Sep 27, 2023 8:43pm
279 Views
Post# 35658307
I think BPO Prefers should be rated the same as BPY/BN
I think BPO Prefers should be rated the same as BPY/BN prefers. In fact, BPO should trade at a premium given that they will most likely RESET higher.
5yr Reset feature is a very good feature to have in a rising interest rate market. They should trade at a premium (higher price).
BPO is guaranteed by BPY, and BPY was taken private by BN/BAM I believe. So I think BPO Prefers should be equilivant to BPY rating and should be to BN...
But should be doesn't me they are......
All just my opinion/view/thinking/guessing/could be wrong