Concordia Healthcare Corp. T.CXR.R

$280M per year not counted in the adjusted EBITDA??

[PROtrading]

The $280M in interest payments alone are not counted in the "adjusted EBITDA"

OK, that's freaking funny no? 

No wonder they want to flush all the debt holders and all those payments and liability by selling the Notes (company) to fellow "street"!  And if secured debt holders get flushed, shareholders go first.

SWOSSSHHHHHH  I hear the toilet bowl already!

[Lumberfeverlong]

What's your point exactly?  Adjusted EBITDA should come in at about $240m for H2 2016. Extrapolating  to 2017 and assuming no growth free cash flow should come in at $480M-280M-$30M(principal payments approximate number)=$170M.  I would expect  the company to invest heavily over the next twelve months to bring new products to market and buy small portfolios from third