Post by
TomWToronto on Sep 30, 2015 9:22am
Funding
Ok, the funding for the offering is done, but how does concordia anticipate to fund the 3 Billion dollar deal? They raised 600M and have maybe another 100M in the bank...
They are only worth 2 Billion so its not like they can hand over that much equity in shares...
Where's the rest of the money coming from???
T.
Comment by
deleuze68 on Sep 30, 2015 9:24am
It's all in the press release, combination of equity, debt, and debentures. The equity has already been issued at a fixed price and Goldman, etc. have committed to issuing the debt, debentures.
Comment by
donaldspice on Sep 30, 2015 9:25am
Did you read the press release this morning? It is generally covered in there. Please stop posting nonsense.
Comment by
TomWToronto on Sep 30, 2015 9:34am
Thanks! just noticed it. T.