In part one of this two-part series (Found Here) I laid the groundwork for why I believe that blue-chip dividend paying US equities represent not only a viable, but also a safer investment choice than many give them credit for. I also pointed out why I believe the risk profile on bonds is currently upside down, arguing that for one of the few times in history they may actually be more dangerous an investment...
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Oaktree Capital Management, L.P., the private equity arm of Oaktree Capital Group LLC (NYSE:OAK), has entered into an agreement to recapitalize Diamond Foods, Inc. (NASDAQ:DMND), the California based packaged food company that was recently tangled in an accounting scandal. Diamond foods will issue $225 million of eight year senior notes to Oaktree, carrying a 12 percent coupon rate. The notes also come with warrants to purchase 4,420,859 shares of common stock, representing approximately 16.4 percent of...
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