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Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

Energy


TSX:HSE.PR.B - Post by User

Husky Energy Inc. cumulative redeemable preferred > What's this 10% by Cenovus????
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Comment by Husky4000on Dec 16, 2020 12:10pm
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Post# 32119135

RE:RE:RE:RE:RE:RE:RE:RE:What's this 10% by Cenovus????

RE:RE:RE:RE:RE:RE:RE:RE:What's this 10% by Cenovus????I think that maybe around 10% have exercised dissent rights and that CVE will buy them out at around 22-23$ (they don't have the cash to redeem a higher percentage, that's why the second condition is written that way)....and then the conversion will go through for the remaining.  But this is just a personal guess
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