RE:Sad but trueYikes!
And that amount
includes redemption of the 400M Euro ($488M) capital injection BBD made last year. I was less optimistic than many on this board, but this is disappointing to say the least.
Pro-forma net debt $4.7B is simply unmanageable in this economic environment. Unless EM can pull a rabbit out of his hat, there are more changes to come, IMO.
Jim
BBDStocklover5 wrote: Net proceed from the sale is only 3.6 billion. Wholly f***k!?! After so many train contract??? Canada has no guts, sorry to say..