ADT Bond matures 6/15/2023. I profiled this bond in March. I didn't buy it because of the high D/E ratio of the underlying security.
Click here for the original post. http://www.themoneymadam.com/2016/03/four-bonds-for-your-consideration.html
Notably, this bond has increased in price from $87.31 when profiled to $95.34. Interesting that when interest rates go up bond prices go down is true, but just because the "Fed" may increase interest rates, discount bonds may not move in concert.
ADT 6/15/2023 Maturity
Coupon 4.125%
Ba2
Cusip 00101JAH9
Capital gain since March 28, 2016 9.19%
M* MoneyMadam
Disclosure: No position
