TSX:IBG.DB.E - Post by User
Post by
Calgaryrideron Jul 04, 2017 1:08pm
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Post# 26432030
Improved Credit Facility
Improved Credit FacilityBye bye sinking fund requirement and related expense.
Hello another 2-3 cents EPS annually.
Interest expenses are less than half of what they were just 6 quarters ago.
That's an increase of $12M / year in cash flow just from Ibg's finely crafted recapitalization efforts.
A reinstatement of Dividends is just a couple of quarters around the corner.