RE:Interest Ratesbandit69 wrote: As I said, they would still be going up Ukraine or not. And the Fed announced today that 50bps is on the table.
It's just the start. If you think this won't affect WELL then your mistaken.
here is the company's debt position as at the last quarter end for CRH and MyHealth:
CRH Medical Credit Facility - US$153,252 @ LIBOR + 1.25% to 2.50%
MyHealth Credit Facility - CAD$86,600 @ CDOR + 1.50% to 3.25%
for reference, LIBOR is 0.234% today and CDOR is 0.73%.
that is still extremely cheap debt. CRH and MyHealth produce sufficient FCF to service their interest costs, plus near term increases. you seem to be of the notion that the leverage is high here? it's well below 5X cashflow leverage. nothing out of the ordinary for a business like this.
you don't think the company's growth will outstrip these low borrowing costs?