Concordia Healthcare Corp. T.CXR.R

I guess Cockroaches didn’t see the 340 million on hand LOL

[MrHulot]

No company with $340 Million cash on hand can go bankrupt. Negotiations are going on for everything except that scenario.

[Gabriele1965091]

With $340 milon doesnn't pay the coupon of unsecured bonds??????

[Gabriele1965091]

: 1) Concordia Healthcare, 9,5% 21oct2022, USD (USC26215AB61, C26215AB6) 790.000,00USD SENIOR UNSECURED 2) Concordia International Corp. DL-Notes 2015 (15/23) Reg .. 7% USD WKN A1Z0FU | ISIN USC26215AA88 SENIOR UNSECURED 735.000.000USD 15/10/2023 These 2 bonds unsecured....bye bye

[Imedb36]

  OAKVILLE, ON, Oct. 13, 2016 /CNW/ - Concordia International Corp. ("Concordia" or the "Company") (NASDAQ: CXRX) (TSX: CXR), an international specialty pharmaceutical company focused on generic and legacy pharmaceutical products and orphan drugs, today announced the closing of its previously disclosed offering (the "Offering") of 5 ½ year Senior

[rtftech16]

MrHulot hahaha you are an absolute dunce 

[marcrobert]

how about equity or convertible raise - that scenario will dilute the common bag holders to oblivion

[Daytripper65]

This post has been removed in accordance with Community Policy

[monkeyhere171]

Interesting, given the expectations that they will miss a payment the short volume is very low on TSX (Canadian side): https://shortdata.ca/?c=concordia-international%20corp.-short-sales&sym=CXR.TO However, US traders are killing it with more than 70% volume short: https://nakedshortreport.com/company/CXRX?index=CXRX I found that strange...