The Globe and Mail reports in its Saturday, Jan. 20, edition that Home Capital Group debt investors who took a bet on the Canadian mortgage lender when its survival was in doubt are poised to reap the rewards of their gamble. A Bloomberg dispatch to The Globe reports that bonds of the beleaguered lender fell below 90 cents on the dollar last year and some yields hovered near 16 per cent as the company was engulfed by accusations that its portfolio was tainted by falsified home-loan applications. Less than 12 months later, the notes are trading close to their original value, thanks in part to a bailout and a $2-billion loan from Warren Buffett's Berkshire Hathaway. Home Capital is likely to fully repay its $475-million of institutional deposit notes that come due starting in March by tapping into $4.7-billion of liquidity. CI Investments manager Darren Arrowsmith says: "We're comfortable they can address their short-term debt with existing sources of liquidity. I'm not sure exactly when they return to the debt market for funding, but they have made great headway in repairing their credibility, are undoubtedly working with banks to replace the existing credit line."