we could get a surprise in the morning
Hoping its a good one for a change
lots of shorts and nay sayers
this stock is way under valued
from last Q
first round of debt is not due for almost 4 years
they have debt as follows
496 in 2027
500 in 2028
250 in 2030
They also cashed up 142 million on the sale this Q
I think the numbers will be good
and if they confirm divy
look out above
I am long and loaded
glta
announced today that it has closed its previously announced offering (the “Offering”) of C$250 million aggregate principal amount of 6.000% senior unsecured notes due February 28, 2030 (the “Notes”).
announced today that it has closed its previously announced offering (the “Offering”) of C$500 million aggregate principal amount of 5.000% senior unsecured notes due May 11, 2028 (the “Notes”).
They rates on these 2 notes seem reasonable average of 5.25 %
cant find the rate on the 2027 note due for the 496 ? anyone
Debt should be less and should easily meet the banks debt numbers this Q
so give us our divy
Corus intends to use the net proceeds of approximately $142 million CAD generated by this transaction to repay outstanding bank indebtedness
“The closing of this transaction is a purposeful step towards streamlining our operating model and rationalizing our asset base as we work to build a powerful multiplatform business aggregating premium video content,” said Doug Murphy, President and CEO, Corus Entertainment. “The sale of the animation software business will provide additional financial flexibility, with net proceeds allocated towards the repayment of bank debt. We remain focused on advancing our strategic plan and its priorities to strengthen our value proposition in the evolving media landscape.”