TSX:CHE.DB.E - Post by User
Comment by
Safetraderon Sep 11, 2019 7:51am
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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%.