Introduction
The title sounds like a clickbait one, but in fact, this is a real idea with the promised return. The baby bond in question this time will be B. Riley Financial (RILY), 7.375% Senior Notes Due 5/31/2023 (RILYH).
Roadmap of the article:
- RILYH return potential explained
- Leveraged returns explained
- Why is RILYH mispriced against its own family, hedging reaction
- RILY positive developments and options hedging credit risk
- Trying to find a similar baby bond in our database
- Conclusion
The return of RILYH alone
At a current price of 25.96, here are the