TSX:CUS.DB.D - Post by User
Comment by
Khersonon Sep 17, 2016 8:35am
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Post# 25247926
RE:7.875%
RE:7.875%leo101 wrote: that's a pretty high cost of money in this low rate environment. are really going follow through with these unsecured notes or is this just part of doug's negotiating?
Keep in mind that the syndicate offering the $110 million of unsecured notes on Canexus's behalf are also the same banks who are owed the $75 million term loan, due in May 2017.
I suspect that part of the extra $35 million will be used to payoff SPB concerning the failed Merger and it's subsequent lawsuit.
Kherson