Post by
EstevanOutsider on Aug 02, 2023 11:36pm
Artis' credit facility debt plunges
From $901 million in Q4 2022 to $513 million in Q2 2023. Big progress and will help on the variable debt front. Also the buybacks YTD are saving $3.6 million on future distribution payments not including the preferreds retired at a huge discount.
Comment by
DZtrader on Aug 02, 2023 11:48pm
Hey Este, so why wave the white flag with the last resort strategic review? Buying time because of perceived weak quarter again in hopes of keeping a bid under the stock, all the while setting the stage for their own take over? That being the case, not sure strategic review was warranted.