TSX:HSE.PR.B - Post by User
Comment by
Number13on Oct 27, 2020 10:57am
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Post# 31788050
RE:RE:RE:Preferred Shares
RE:RE:RE:Preferred Shares Though... prefs are "sort of" like debt. Another option would be for CVE to issue more debt to buy up the prefs. And they could probably get debt at an interest rate much lower than the prefs.
so yes, There are some arguments for taking the prefs out at $25 (or $24 like Lowe's did with Rona's prefs)