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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by greatplayon Nov 11, 2016 7:01pm
265 Views
Post# 25452105

RE:RE:now we know why trump win benefit concordia so much! pound!

RE:RE:now we know why trump win benefit concordia so much! pound! Yes, it's true, but it's for some portion of debt 382 MLN USD (1st portion) + 350 MLN USD second portion.

1st portion was based on 1.28 exchange rate; 2nd portion is based on 1.22

1st, It's not all companies debt, 2nd income will continue to be based UK pounds.

Company just minimizes impact of pound movement;

Currently income will be produced in UK pounds, and that's reason why this quarter was impacted due to fall of pound again.

Majority of income still and will continue to come from UK
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