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Invesque Ord Shs T.IVQ.U


Primary Symbol: T.IVQ Alternate Symbol(s):  T.IVQ.DB.U | T.IVQ.DB.V | MHIVF

Invesque Inc. is a healthcare real estate company. The Company is focused on investing in a portfolio of North American properties across the health care spectrum. The Company's portfolio includes investments in independent living, assisted living, memory care, skilled nursing, transitional care, and medical office properties, which are operated under long-term leases and joint venture arrangements with operating partners. Its portfolio also includes investments in owner-occupied seniors housing properties in which the Company owns the real estate and provides management services through its subsidiary management company, Commonwealth Senior Living. The Company owns or has a majority interest in a portfolio of approximately 68 properties in the United States, comprised of 57 assisted living and memory care facilities, nine skilled nursing facilities and two medical office buildings.


TSX:IVQ - Post by User

Comment by Stratocheifon Oct 13, 2021 9:09pm
96 Views
Post# 34003551

RE:Value of U debentures

RE:Value of U debenturesI think its a done deal. Most of this debenture is held by funds and they will vote for it because thats what they want. They probably assesed the risk here and decided they wanted some of thier money back. For ivq its a bad deal but they probably had no choice. If you had 12000 there and got 600 a year interest after the change you still get 600 a year and you only have 9300 or so tied up there. Ivq still has the high interest expense and 10 million less cash on hand. The reason the debentures are down so much is some people want out and i dont blame them. Ive had many like these....some went to zero. When you buy a debenture you expect your money back at end of term. When they start this shinannagence its a sign of possible trouble. No one wants that. Id be out too but i bought 5 years ago at 96 so im not happy to take a loss like that. I'll stay on and hope for the best. At least i got 5 years of interest and now i get 22% of my money back and still get the same interest payment
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