TIM 0.00% 4.4¢ timbercorp limited

any thoughts on timhb

  1. 54 Posts.
    Hi,
    I have been looking at Timbercorp's debt instruments TIMHB listed on the ASX.
    They are secured over certain assets and have a coupon rate of 8.9% on a face value of $100.

    So at the current price of $83.10 you would get a return of about 10.7% p.a.

    Open to hear any comments about how safe you think these instruments are given TIM's current situation

 
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