• Rubicon Associates
    F doing $750MM 3.5yr at +230
    7/31/12
    Reply (6)
    • JayWright: what do these numbers refer to? Bond issuance?
      7/31/12
    • Rubicon Associates: Ford is issuing $750 million in 3.5yr notes at Treasuries +230bps or 2.3%.
      7/31/12
    • JayWright: Not very fluent in bond talk. does that mean their notes are 2.3% above treasuries or their notes are paying 2.3%?
      7/31/12
    • Rubicon Associates: 2.3% above treasuries, so we can roughly cuff the coupon/yield at 2.90%.
      7/31/12
    • poclerk: This one tempts me; I will probably try to buy it tomorrow.
      7/31/12
    • Maria Auziliadora: Long F
      8/24/12
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