TSX:CUS.DB.D - Post by User
Comment by
Khersonon May 05, 2016 8:59pm
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Post# 24846547
RE:good Quarter
RE:good Quartermattmckenzie wrote:
Wow stronger results than I was anticipating ( in this weak environment for chemicals ) and merger is expected to close. debt reduction to boot,
Matt you conveniently forgot to mention about the dividend elimination, the liabilities have been reduced by only $11 million to $735 million which still gives Canexus a BV of Zero and finally if the proposed merger isn't completed by June 30th, Canexus will be required to seek an extension to it's Credit Facility!
Kherson