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Unformatted text preview: Presentation on Tuesda Nucor Analyst Opinion: Hold Outlook: Positive Analyst: Nguyen Bui 5% of 6/1/2013 5.85% of 6/1/2018 CUSIP: 670346AJ4 670346AK1 BFG Purchase Date: 11/18/2008 4/23/2009 Original Par: 6000000 3000000 Current BFG Book Value: 5916699.3 3102740.64 BFG Book Price: 98.612 103.425 BFG Impairment Coupon: 5 5.85 Maturity: 6/1/2013 6/1/2018 Market Price: 107.336 116.528 52-Week Range: 106.818-107.955 108.627-112.015 Im going to talk about 2 corporate bonds of Nucor. 1 bond with the coupon of 5% maturity at 6/1/2013 and the other 5.85% maturity 6/1/2018. Their current market prices are 106.336 and 116.528 respectively. The bonds currently had a high rating of A2 rated by Moody and A rated by S&P500. Overall, Nucors bond ratings are pretty stable due to company's strong business risk profile and modest financial risk profile. Also, Nucor has the ability to generate good cash flow during distressed periods and maintains strong liquidity, despite its participation in the highly volatile and...
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This note was uploaded on 11/22/2011 for the course FINANCE BUS M 497R taught by Professor Kimsmith during the Fall '11 term at BYU.
- Fall '11