Long term debt and financing...Quite spectacular:
From March 30 2021
Long term debt ---.» $ 5 732 000 000 --» $ 9,50 / sh
Issued shares 603 387 000 shares
-Now with this total purchase price of approximately $2.846 billion
-Today, the Company entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets and Scotiabank (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate of 44,080,000 common shares of the Company (the “Shares”) at an offering price of C$18.15 per Share (the “Offering Price”) for total gross proceeds to the Company of C$800 million ($646 million) (the “Offering”). In connection with the Offering, the Company
Just an extra 44 000 000 shares
But underwriters like the deal !
What about you?
Fun to look at the share price action ...but would not like to be part of the game !