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Posted by
Two Blokes Apr 21 -
Filed in
Stock
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18 views
We analyze Microchip Technology's 7.50% Series A Mandatory Convertible Preferred Stock after its IPO, despite it not fitting our typical financial objectives. Convertible securities can offer attractive arbitrage opportunities, making them worth studying, even if they don't align with our usual investment focus. Microchip Technology has a stable 'BBB' credit rating from Fitch. However, OTC bonds are showing some weakness.
