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Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

Alternate Symbol(s):  CGIFF | T.CHE.UN | T.CHE.DB.G | T.CHE.DB.H

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.


TSX:CHE.DB.E - Post by User

Comment by Safetraderon Sep 11, 2019 7:51am
200 Views
Post# 30115800

RE:RE:RE:RE:RE:Taking on more Debt?

RE:RE:RE:RE:RE:Taking on more Debt?I've check last time they issue same news (April 10th 2017) 175M offered at 4.75%. It was finalized May2nd with the overallotment. Closing price on April 10th (after transaction hold) was $15.38.
Next day April11, closing price was $15.37..........so really no direct relationship.

The fact that it is unsecured like previous ones provides us feedback that institutionals / large investors have trust in this organization and are willing to store their $ for the 6.5%.

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