Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Comment by carinthianon Nov 26, 2014 10:58am
154 Views
Post# 23165569

RE:Axy this is the time

RE:Axy this is the time
Hi!

Can you please  give me the source where it is stated that they did refinance their long term debt?

As far as I can see there are still 128mio of bonds due in 2016 on which I haven't heard a word how the plan to refinance this thing. Given the fact that the HoldCo's 56,7 mio loan pays 6,5%+ I highly doubt that they will be able to achieve 1,5%/3,5% on the refinancing...

Assuming the are able to get something like 15y bullet on these there should be 1,5mio of additional interest to pay each quarter in my understanding.

Thanks it advance - would love to see them getting additional 6mio out of it but as stated above I cannot see how?

Just my personal thoughts. DYODD
carinthian
<< Previous
Bullboard Posts
Next >>