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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by rad10on Jan 15, 2018 7:02pm
189 Views
Post# 27363586

RE:RE:RE:RE:RE:Rad10: You seem confident in what you're saying....

RE:RE:RE:RE:RE:Rad10: You seem confident in what you're saying....
monkeyhere171 wrote: Rad,
How did you buy the unsecured bonds? I spent 1 hrs on the phone arguing with TD regarding CXRX bonds, but they said that they are private placed one and they cannot offer or trade them? So, for example, I want to buy the bonds (any of the unsecured ones) but it seems they are not available for the retail guys.
Will appreciate your feedback.


Hi Mh171 - Just for clarity and full disclosure I do NOT own the unsecured issue.  I don't gamble like others on this board. Call the bond desk directly  - the bonds are very illiquid and you might end up bidding against yourself.  The secured issue was a private placement and I had to order directly - the unsecured have been traded in the secondary market for ages they are listed as public on the cbonds registry.  If they have none in inventory they should be able to source them for you - the only question is at what premium.

The secured issue will help you sleep better at night.  They are trading at 89 and change. Cusip C26220AA8

Cheers and all the best  Rad 10

P.S - Northerencents - the only recent butt discomfort I experienced was the after effect of some rather good jerk chicken consumed during a recent Luciano concert on the beach in Negril.  My postings have no malice - they are just fact based.  I wish you all the best........  
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