AQN - Algonquin Power & Utilities Corp.: A New Baby Bond IPO Began Trading On The Exchange But I Like The Older One
Introduction
Our goal is to present to you our IPO analysis for every new fixed-income security that enters the market and to find out if there is any trading potential. In this article, we want to shed light on the newest Baby Bond issued by Algonquin Power & Utilities Corp. (AQN). Even though the product may not be of interest to us and our financial objectives, it definitely is worth taking a look at, you never know whether an arbitrage opportunity will arise in the future.
The New Issue
Before we submerge into