Corporate Bond Review: Interpublic Group Bonds, 5.872% Yield to it’s 3 Year Call
By Randy Durig on Mon, 2010-08-02 13:45
(via investment-income.net)
This is a good 5.872% yield to call for just over 3 years. If they don’t get called, it’s even better. Even having a lower rating and with many sell-able parts or businesses (plus, the large cash coverage, profitability, and decreasing debt), these bonds should act similar to other bonds like Unitrin and Fidelity National Financial that we have recently reported on.
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