Bullboard - Stock Discussion Forum Brookfield Office Properties Inc T.BPO.PR.A

Alternate Symbol(s): BRPPF | T.BPO.PR.C | BOPPF | T.BPO.PR.N | BKAAF | T.BPO.PR.P | BRKFF | T.BPO.PR.R | BROAF | T.BPO.PR.T | T.BPS.PR.U | T.BPO.PR.W | BRPYF | T.BPO.PR.Y | T.BPO.PR.X | T.BPO.PR.E | BKEEF | T.BPO.PR.G | BROPF | BKOFF | T.BPO.PR.I

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City... see more

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TSX:BPO.PR.A - Post Discussion

Brookfield Office Properties Inc > Looks like some of the Prefers are starting to move UP

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Post by CrazyTrader on Jun 03, 2023 8:00am

Looks like some of the Prefers are starting to move UP

It will be interesting to watch the " T's " given the short volume.

I think the Crazy Shorts are still shorting... Guessing past few weeks they targeted the "C and E"..

You got to be CRAZY.... You are looking at getting/paying FOREVER MINIMUM YIELD of about 10.625% on the E's at $12. That's Minimum Forever basically, even if the 5 year rate goes to Zero.

Just CRAZY.

All just my opinion/view/thinking/guessing... could be wrong, after all I'm the "Crazy" Trader.

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Comment by navajojoe on Jun 03, 2023 8:58am

I have to wonder why on earth anyone would short these preferreds, as they are guaranteed by Brookfield.

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Comment by CanSiamCyp on Jun 03, 2023 4:38pm

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Comment by navajojoe on Jun 03, 2023 5:05pm

Somewhere in the last few weeks I was reading a prospectus, or some other document, and it indicated that all of the preferreds were backed 100% by Brookfield itself, or something to that effect. I really don't see the whole conglomerate collapsing. If I am off base on that, I would welcome some direction to the contrary.

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Comment by CanSiamCyp on Jun 03, 2023 8:44pm

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Comment by navajojoe on Jun 03, 2023 9:15pm

Thanks. I was just wondering if you had read what I saw. I guess I'll have to get off my azz and try to find it again. If I do, I will post it here.

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Comment by CrazyTrader on Jun 04, 2023 8:08am

CanSiamCyp, just my opinion, IF BN is now a Guarantor, then I'm guessing the answer to your question is NO, unless BN goes bankrupt. Just my opinion. But if BN is not a Guarantor, then I'm guessing the answer to your question is YES, the subsidary cut along with BPO Guarantor. But there are several Guarantors... I think 8 in total. So, that the BIG ...more

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