TSX:HOT.DB.V - Post by User
Comment by
ckwongon Dec 30, 2021 11:35am
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Post# 34270978
RE:when do bank covenants allow distributions again?
RE:when do bank covenants allow distributions again?HOT.UN's covenants for distribution ended December 2021. Therefore, we start to get distribution next year. However, if the revenue drops, the lender may impose no distribution again.
You can get the information from the quaterly conference call. You may want to attend next one.