November 7, 2109. Equinix if offering to purchase their Corporate Bond which we hold in the Core Portfolio. They are paying $1,018 per bond. If we look at dividends received and our cost, the return would be a nice 16% if sold. This sell is really just a personal decision where we will take the money and run….and possibly deploy into another position.
We can continue to hold until maturity in 2022, a full two years. Yes you can make an additional small return, but considering the long time span, we are selling and taking the profits. We have absolutely no concerns about the viability of the Company and you could elect to just hold the bonds until they mature.
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