Seaboard Corp V.SEB

Primary Symbol: SEB

Consumer Defensive Farm Products

Seaboard Corporation is primarily engaged in hog production and pork processing; commodity trading and grain processing; cargo shipping services; sugar and alcohol production, and electric power generation. Its segments include Pork, Liquid Fuels, CT&M, Marine, Power, and Turkey. The Pork segment primarily produces hogs to process and sells pork products to further processors, food service operators, distributors and grocery stores. The Liquid Fuels segment produces renewable diesel and biodiesel from pork fat and other animal fats and vegetable oils. The CT&M segment is an integrated agricultural commodity trading, processing and logistics operation. The Marine segment provides cargo shipping services in the United States, the Caribbean and Central and South America. The Power segment is an independent power producer in the Dominican Republic that owns two power-generating barges. The Turkey segment holds an equity method investment that produces and processes turkey products.

NYSEAM:SEB - Post by User

Seaboard Corp > Corporate Update: Payment of Convertible Interest-in-Kind

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Comment by mjh9413on Jun 26, 2022 11:44pm

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Post# 34783716

RE:Corporate Update: Payment of Convertible Interest-in-Kind

SEB has IMHO put itself in hock to the Co-operators, with borrowing and potential additional debt, not forgetting the interest and other 'fees', an albatross around its neck from which it will never be able to escape. I'm glad I bailed when the latter was first set in motion.

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