{"id":825,"date":"2007-05-03T23:51:42","date_gmt":"2007-05-04T03:51:42","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=825"},"modified":"2007-05-03T23:51:42","modified_gmt":"2007-05-04T03:51:42","slug":"weston-comparables","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=825","title":{"rendered":"Weston Comparables"},"content":{"rendered":"

OK, so now that Weston has been downgraded by S&P<\/a> (with DBRS still considering the possibility<\/a>) and now that the shares have started to get hit<\/a>, I thought it would be fun to look at some comparables:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n
Pfd-3 [high\/-\/low] (DBRS) Fixed-Rate Perpetuals<\/td>\n<\/tr>\n
Issue<\/td>\nDBRS Rating<\/td>\nS&P Rating<\/td>\nCoupon<\/td>\nQuote, 5\/3<\/td>\nPre-tax bid-YTW<\/td>\nYTW Mod Dur<\/td>\nYTW Pseudo-Convexity<\/td>\n<\/tr>\n
FAL.PR.H<\/td>\nPfd-3 (high)<\/td>\nP-2(low)<\/td>\n\u00a01.625<\/td>\n\u00a025.61-63<\/td>\n4.58%\u00a0<\/td>\n0.95\u00a0<\/td>\n-4.82\u00a0<\/td>\n<\/tr>\n
LB.PR.E<\/td>\nPfd-3<\/td>\nP-3(high)<\/td>\n\u00a01.3125<\/td>\n\u00a025.25-33<\/td>\n5.22%\u00a0<\/td>\n5.23\u00a0<\/td>\n-59.93\u00a0<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPfd-3 (high)<\/td>\nP-2(low) Watch Positive<\/td>\n\u00a01.225<\/td>\n25.43-51\u00a0<\/td>\n4.63%\u00a0<\/td>\n7.07\u00a0<\/td>\n-1.93\u00a0<\/td>\n<\/tr>\n
LB.PR.D<\/td>\nPfd-3<\/td>\nP-3(high)<\/td>\n1.50<\/td>\n26.11-19\u00a0<\/td>\n4.91%\u00a0<\/td>\n1.60\u00a0<\/td>\n-547.3\u00a0<\/td>\n<\/tr>\n
WN.PR.A<\/td>\nPfd-2 (low) CW-Negative<\/td>\nP-3(high)<\/td>\n1.45<\/td>\n25.30-44\u00a0<\/td>\n5.71%\u00a0<\/td>\n3.29\u00a0<\/td>\n-67.2\u00a0<\/td>\n<\/tr>\n
WN.PR.C<\/td>\nPfd-2 (low) CW-Negative<\/td>\nP-3(high)<\/td>\n1.30<\/td>\n24.91-00\u00a0<\/td>\n5.27%\u00a0<\/td>\n15.00\u00a0<\/td>\n-30.26\u00a0<\/td>\n<\/tr>\n
WN.PR.D<\/td>\nPfd-2 (low) CW-Negative<\/td>\nP-3(high)<\/td>\n1.30<\/td>\n24.70-07\u00a0<\/td>\n5.32%\u00a0<\/td>\n14.92\u00a0<\/td>\n-9.99\u00a0<\/td>\n<\/tr>\n
WN.PR.E<\/td>\nPfd-2 (low) CW-Negative<\/td>\nP-3(high)<\/td>\n1.1875<\/td>\n24.25-44\u00a0<\/td>\n4.94%\u00a0<\/td>\n15.57\u00a0<\/td>\n1.15\u00a0<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

Not many comparables, eh?\n<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

OK, so now that Weston has been downgraded by S&P (with DBRS still considering the possibility) and now that the shares have started to get hit, I thought it would be fun to look at …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-825","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=825"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/825\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}