USA Banks News

This week we consider a medium term Jaguar Land Rover 8.25% coupon note denominated in pound sterling that will yield about 7% through maturity.  Although the lower rating of this company, currently owned by Tata Motors,  necessitated a higher 8.25% coupon yield when it was first issued almost one year ago, the strong and steadily improving performance while under the new management of Tata Motors has brought this lesser known “junk rated” issue to the forefront of our attention and careful scrutiny.  Not always believing that the well known and more popular rating agency always get it right, here at Durig Capital we have developed our own strict criteria for evaluating unrated and/or high yield junk bonds.  As a

Read more…

Income from Rare Earth materials.

At Durig Capital, we have developed a process to screen, review, select, purchase and monitor high yielding corporate bonds.  Each week we screen thousands of corporate bond listings to find what we believe to currently be the best corporate bond for investors needing or seeking higher yields with as minimal risk as possible relative to its projected return. The following is our review process showing why we believe this remarkable Neo Materials (TSX:NEO) convertible debenture passes the criteria for our clients.

Denominated in US Dollars, this Canadian company’s 5% Convertible Unsecured Subordinated Bond matures 12/31/17, and is currently indicating a yield to maturity of about 6.3%.  G

Read more…