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Non-Tech : Income Investing
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To: Elroy who wrote (52070)11/13/2025 2:09:32 PM
From: FL_Guy   of 52113
 
EICB is supposed to be a "safe pick"?
Um, show me where I said it was a "safe pick"..... I did say (and stand by my comment) " Fortunately EICB was a simple replacement with EICC, at least for the time being...."

But regardless, EICB is about as safe as one could get with near 100% certainty of collection.... I present to you from today's press release:
“Earlier today, we also announced the full redemption of our 7.75% Series B Term Preferred Stock. In light of recent Fed rate cuts, this redemption enables us to further optimize our capital structure and reduce financing costs,” added Mr. Majewski.
businesswire.com
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