Currently offering close to 12% in dividend yield and has the potential to be called by Odyssey for $25 after October 2010. Best case scenario, you get ~$4 in dividends and a ~$7 capital gain by the end of 2010 if they call it asap (64% gain in ~two years). Worst case scenario, you get a 12% dividend indefinitely from a well run and well capitalized company, which is majority owned by Fairfax. It won't be a homerun, but I see it as a very safe bet that offers a good to very good return.
Here's a link to the issue prospectus: http://www.sec.gov/Archives/edgar/data/1137048/000090956705001607/t18226e424b5.htm
::) Thanks so much. Good opportunity here