HROWM - Those Derisked Baby Bonds Of Harrow, Inc.
2025-01-03 15:43:10 ET
Summary
- Harrow's 11.875% Senior Notes due 2027 are attractive baby bonds with a healthy leverage percentage of 13.8%, indicating strong creditworthiness and low debt.
- Harrow funds operations through product sales, not debt or frequent equity raises, showcasing a robust financial position and sustainable business model.
- VEVYE, IHEEZO, and Triesence show significant growth potential, with Triesence addressing supply chain issues and justified price hikes, ensuring strong future demand.
- Investing in both Harrow's equity and debt offers risk-free income and growth opportunities, making it a sound strategy given Harrow's improved risk profile.
- This is the last article in a series of articles on HROW, and here I discuss why investing in their bond along with their stock could be a smart strategy.
...
Those Derisked Baby Bonds Of Harrow, Inc.