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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF



GREY:PEYTF - Post by User

Comment by jojorogerson Jan 15, 2015 3:05pm
224 Views
Post# 23324585

RE:This becomes a fairly safe long term hold now

RE:This becomes a fairly safe long term hold nowHope so.  Debs looking interesting.  Picked up a few today.

From Scotia report  Nov 24th. 

"Bank line reconfirmed. The trust has reconfirmed its US$190 mm bank facility, of
which US$157.6 mm is currently drawn. Management expects that the trust will
have sufficient room within the bank line to repay the convertible debentures
prior to the maturity date"

This plus details in the current new release are encouraging that they are tighening their belts.




 
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