TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Apr 25, 2024 5:34pm
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Post# 36008152
Issuing RESET Prefers with High Fixed Base Rate
Issuing RESET Prefers with High Fixed Base Rateback when interest rates near ZERO...... Now that's an idiot move. Smart move would be to issue as much perpetual Prefers (non-reset) as possible at that time and/or take out as much debt as possible with super long maturities, like 30 years+.
Interest rates were near ZERO!!!! It's as close to FREE money as you going to get. That's the time to load up on Debt with long maturity and/or issue Perpetual Prefers.