TSX:REI.UN - Post by User
Post by
Frankie10on May 10, 2023 9:58pm
221 Views
Post# 35442250
Government
Government"The interest rate on both the construction advances and the term component was fixed at 3.07%, the term of the loan is 10 years and the amortization period upon conversion to a term loan is 50 years."
Who in their right mind would structure debt this way in this environment!? Our government is truly clownishly incompetent. Great for Riocan and it's unitholders!! I am still waiting to repurchase units sold earlier this year... many of my loved ones hold this, I hope it's straight up and I never get those units back. All the best to the longs here.