Spectrum Brands Holdings: Still Attractive If You Can Handle It
Spectrum Brands(SPB) Seeking Alpha·2024-06-24 20:32
Recent developments Priority ldertifiers Notes Amount Security Treasury Yield In most cases when this kind of thing occurs, it is done with new debt that is issued. That would be a problem in this environment because of how high interest rates currently are. However, as of the end of the second quarter of this year, the company had cash and cash equivalents on its books of nearly $1.25 billion. I think one could argue that investing this capital elsewhere may have generated stronger returns. But for better ...