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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by sunshine7on Jul 13, 2016 6:34pm
241 Views
Post# 25050460

RE:A Further Update to Brexit Impact from Concordia

RE:A Further Update to Brexit Impact from Concordia
thanks Mikey. Interesting that the statement is post-brexit: "Prior to and subsequent to the Brexit vote, the Company has generated positive USD-denominated cash flows from operations and has sufficient financial capacity to service its USD-denominated long term debt obligations during 2016." They will continue to monitor for hedges if needed. I think they are trying to minimize the currency concern. Now what should we be concerned about?
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