RE:RE:Interesting responsesoup4lunch wrote: They are likely buying/merging with SPH, so who knows how that gets financed and structured?
s4l
It appears the purchase price of $300 million Canadian for Kamps is being financed by Superiors credit lines. Even after the purchase they still have aprox 260 million available on the lines, so no need to do an equity isssue at these low prices.
Yes their debt is a bit high but should come down significantly in Q1 because its their biggest cash flow quarter by far...
They also probably have the option to tap Brookfield or Marquard if they need any money to do more acquistions