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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 Khersonon Feb 24, 2015 8:28am
119 Views
Post# 23458119

RE:RE:RE:RE:Plan "B"

RE:RE:RE:RE:Plan "B"
HAWK37 wrote: 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...

Hawk37, it all boils down to what I have been saying for quite sometime, poor management!
Kherson


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