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DewDiligence

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DewDiligence

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Re: DewDiligence post# 101882

Tuesday, 11/19/2013 4:31:26 PM

Tuesday, November 19, 2013 4:31:26 PM

Post# of 257257
MYL prices $2B of senior debt:

http://finance.yahoo.com/news/mylan-announces-pricing-2-0-211700376.html

• $500M of 3-year notes paying 1.35%

• $500M of 6-year notes paying 2.55%

• $500M of 10-year notes paying 4.20%

• $500M of 30-year(!) notes paying 5.40%

I.e., the Bond Bubble has eased, but only a little.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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