RE:Knight doing large part of finance for Crescita ctx/t at .53Your last line is right on
in a rising rate enviorment, I think. Companies with debt about to be renewed are prone to a cap x decline as the banks deploy capital to better bets
Though I expect Goodman to deploy his cash and mad he didn't keep the stock at the underwriters offer
I will say at this point, companies like cancordia could be forced to liquidate