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Post# of 147317
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Alias Born 03/14/2013

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Tuesday, 04/30/2013 1:00:05 PM

Tuesday, April 30, 2013 1:00:05 PM

Post# of 147317
Their bond offer order book is really a testament to smart money sentiment about the company. I believe I read that their first bond issue will be on the order of 20 BIllion but the order book for this offering (total interest in the bonds) approached 50 Billion.

Not to mention that the yield on these bonds will be the closest to that of treasuries of any company to date:

"The fixed-rate, three-year debt may pay 25 basis points more than similar-maturity Treasuries; the five-year notes may have a relative yield of 45 basis points; the 10-year securities may have a spread of 80 basis points and the 30-year bonds may pay 105, said the person, who asked not to be identified because terms aren’t set."

I haven't checked their CDS, but it appears investors deem the creditworthiness of this company to be a shade inferior to that of the US govt, but better than any other company in history.

This stock is going up, sorry plankton. But I'm sure that when it does you'll all pretend you were long it.
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