OTCPK:MGMXD - Post by User
Post by
BoldForbeson Jul 14, 2016 7:47pm
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Post# 25054293
Alterra Power Arranges Extension to Iceland Bond
Alterra Power Arranges Extension to Iceland BondOne more year to deal with this, but at a higher interest rate...I thought rates were declining (short and long-term) in increasing...
Hopefully, they will figure out a long-term financing deal at low rates; in Europe investors should be lining up for 2-3% since many nations have negative yields...
I am curious how the rate could have gone up? What are the other aspects of the deal they did not mention...is there trouble with the refinance or are they waiting for long-term rates to decline...someone needs to ask during the next quarterly call...
Bold Forbes