TSX:LSG.DB - Post by User
Comment by
Risktaker7on Aug 17, 2012 11:26am
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Post# 20229326
RE: RE: RE: 90 M Guy is not Stupid
RE: RE: RE: 90 M Guy is not Stupid It is very unlikey unless there is big news coming that the notes will be converted into shares at $1.40 by September 30th. They just increased their loan from $50 to $90 million and paying slightly higher interest.This is the past deal they had with uni-credit with the 50 mill.
The cost of the Facility, including structuring fees, is expected to average between 5.0% to 6.0% on drawn amounts over the term of the facility based on current interest rates. There is no hedging requirement related to the Facility.
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