GREY:ALARF - Post by User
Comment by
MrEvilxon May 22, 2019 4:36pm
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Post# 29765917
RE:seems like a strong vote of confidence for Alaris
RE:seems like a strong vote of confidence for AlarisI like this. their loans as of Q1 : 229M and the intest they paid was : 4.1M
This will knock the loan down by 100M or 115M, potentially good saving of 6.4% on interest payments.Also open up credit line in case any new big deal comes on the table.
If market were sane this will be taken up positively.
Another benefit : AD had never raise cash before, this gets the banks interested in AD.
GLTA
sandysouci wrote: by CIBC Capital Markets, National Bank Financial Inc., RBC Capital Markets and Scotiabank (the "Underwriters"...
to the tune of $100 million (possibly even $115)