GREY:LSTMF - Post by User
Post by
bushhog1on May 03, 2016 9:39pm
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Post# 24838966
Debt swaps
Debt swapsIt seems like the syndicate of Banks were unhappy with LTS
action last year.
With the Debt swaps LTS was borrowing by issuing US Bonds
and paying off the lower rate cad dollar LOC Debt.
Looks like this cut was a punishment for that.
Only my opinion.