TSX:SOT.DB - Post by User
Post by
pennydredfulon Jun 26, 2024 10:11am
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Post# 36106831
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CommentSeems the company had the cash to pay the interest but the secured credits ( mortgage holders moved to block that) likely fed up with the slow liquidation process and not wanting money to go to subordinated debt holders . Once the bonds go in default they should trade flat ie without interest . TSX normally issues a bulliten re that.