TWOD: Exploring If The Bonds Can Be Called After The Two Harbors Acquisition
Source: SeekingAlpha
2025-12-19 05:25:42 ET
Thesis
Two Harbors Investment Corp. CAL 30 ( TWOD ) is a baby bond from the mortgage Reit ('mReit') Two Harbors ( TWO ). We covered this debenture back in mid 2025, arguing that the price was too high at the time. The name did not move much since, just providing the coupon for investors....
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TWOD: Exploring If The Bonds Can Be Called After The Two Harbors Acquisition
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