RE:RE:RE:RE:RE:2026 Sherritt Bondsfrom TD re bonds:
We estimate that each US$1/lb change in the nickel price impacts SCN's annual EBITDA by ~C$45MM (before hedging), with the current environment very favourable for the SCN 8.5/26 1st lien notes and the 10.75/29 senior unsecured PIKs