RE:RE:RE:RE:RE:RE:RE:RE:Preliminary Short Form ProspectusYour recollection is the same as mine onlygame.
ETC was $150M. The acquisition deal was $75M cash and $75M debt (the HCBC Agreement).
The just announced Shelf Prospectus covers both debt and equity. I jumped on the equity side and may have confused readers; v_g rightly pointed out the debt option. A fixed rate debt offering could be used to retire the floating rate Agreement with HSBC, be used for additional initiatives or both. Either debt or equity are possibilities imo.
However, this activity sends a signal that QTRH is prepared for transformational events.