do you think that will also cover our deferred interest for the last 5 years, that is what i am hoping, i think the in interest owed has to be current if the stay is off.
Really? You're saying that on 21st going forward the CT owners will be earning 6%-6.375% interest? At least going forward? You could expect these to explode in price if you're correct. I'm not certain you are correct but it will put a big floor under these if you are. With every year you'd earn 1.50-1.59 per share in interest.
Better than any savings/CD/account in existence today.
But aren't past due payments paid first to catch up and make current the divi/yield stream with these being cumulative?
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