TSX:AX.PR.E - Post by User
Comment by
spacegimpon Feb 29, 2024 8:15pm
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Post# 35908056
RE:Hmmm..
RE:Hmmm..Cominar is almost at the interest rate coverage ratio covenant of 1.65 , similar to Artis . Cominar have about $400 mill of debt rolling over this year and next year which I am guessing will cause that covenant to be breached, I would geuss banks will give them 6 months to correct that rather than force liquidation