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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

Chemicals Specialty Chemicals


TSX:CUS.DB.D - Post by User

CANEXUS CORP 6.5 PCT DEBS > Plan "B"
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Comment by HAWK37on Feb 23, 2015 10:32pm
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Post# 23457559

RE:RE:RE:Plan "B"

RE:RE:RE:Plan "B"Kherson, There is a very good chance that Canexus is (still) in violation of the covenants on its debt. EBITDA is less than $100 million due to operational problems at Vancouver and Brandon. That means the creditors start calling the shots. This could get very ugly very quickly. There is no happy ending to this story...
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