Debt Liquidation ImplicationsFor the first three quarters, Dorel paid $30 million US in Finance charges.
That will be about $40 million US for 2021.
With debt extinguished, that $40 million US = $50 million in C$ will become added to operating earnings to the tune of about $1.60 per share in C$.
That is a significant savings and with cost compression ongoing, and supply chain problems receding ...manufacturing already brought back home..the two remaining division are going to be very attractive to buyers on a debt free basis..