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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by sunshine7on Dec 16, 2015 8:05pm
125 Views
Post# 24390225

RE:total debt, payment on Fryday

RE:total debt, payment on FrydayNo. They are not paying 9% on the total loan. Go back and review the interest rates associated with each loan. Blended rate is 7.25% with the smaller bridge loans at 9.5%. This is why they are paying them down first, 25% from this quarter CF and I assume will have them paid by the end of 2016 (25%/Q). The debt burden will drop and so will the blended rate.
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