Aimia Inc T.AIM.PR.A

Primary Symbol: T.AIM Alternate Symbol(s): AIMFF | T.AIM.PR.C | T.AIM.PR.D

Chemicals Specialty Chemicals

Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets. The Cortland International segment consists of Tufropes and Cortland Industrial LLC (Cortland). Tufropes is a manufacturer of synthetic fiber ropes and netting solutions for maritime and other different industrial customers. Cortland is a designer, manufacturer, and supplier of technology advanced synthetic ropes, slings, and tethers to the aerospace & defense, marine, renewables, and other diversified industrial end markets. The Holdings segment includes investments in Clear Media Limited, Kognitiv, as well as minority investments in various public company securities and limited partnerships.

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Aimia Inc > AIM.PR.C

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Comment by luscar99on Jun 27, 2024 3:00pm

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Post# 36109455

RE:RE:AIM.PR.C

The dividend payment could only be delayed. Eventually they will have to pay the full vested amount.
They've done that before.
It would also completely destroy their credit rating. They will never get a dime from the credit markets again.

And I'm pretty sure the offer to buyback under par (even by 1 cent underpar) would be illegal. As it contradicts the terms of issuance.

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