TSX:SOT.DB - Post by User
Post by
pennydredfulon Jun 27, 2023 8:57pm
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Post# 35517582
Some Stats.
Some Stats.Three conv. bonds are out totaling 157950M with average coupon of 6.71% with interest requirement of 10.6 M per year. Cutting the annual distribution from .40 to .12 "saved" 22.4M $$$ roughly twice the annual debentures interest. Debs mature 2026 and 2027 . Likely this means debenture interest will be paid at least in the medium term.