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Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures CGIFF


Primary Symbol: T.CHE.DB.E Alternate Symbol(s):  T.CHE.DB.F | T.CHE.DB.G | T.CHE.DB.H | T.CHE.UN

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.


TSX:CHE.DB.E - Post by User

Comment by TimeTooSoaron Sep 28, 2023 9:20pm
205 Views
Post# 35660748

RE:Insider added today 9/28/23

RE:Insider added today 9/28/23only problem is the 900+ million in debt... this management team has done the right thing tho.. paying down debt early, doing a convertible debentures at 7%. At the time the stock was $10... they did the right moves (issued debt at 7%, their downgrade for the year thinking it would be a worse year then 2022 was upgraded saying 2023 will be better) and the stock is now $8... The huge debt is what is making the market shrink this share price... Hopefully next qtr their cash pile is higher and their debt is lower, that's all we can ask for... interest rates peaking and no recession as well would help!! 
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