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Chesswood Group Ltd CHWWQ

Chesswood Group Limited is a Canada-based holding company. The Company, through its subsidiaries, engages in the business of specialty finance (including equipment finance throughout North America and vehicle finance and legal sector finance in Canada), as well as the origination and management of private credit alternatives for North American investors. Its subsidiaries include Pawnee Leasing Corporation (Pawnee); Tandem Finance Inc. (Tandem); Waypoint Investment Partners Inc. (Waypoint), Chesswood Capital Management Inc. and Chesswood Capital Management USA Inc. (CCM USA); Rifco National Auto Finance Corporation, and 1000390232 Ontario Inc (Easy Legal). Pawnee, which finances micro and small-ticket commercial equipment for small and medium-sized businesses in the United States through the third-party broker channel. Tandem sources micro and small-ticket commercial equipment originations to small and medium-sized businesses through the equipment vendor channel in the United States.


GREY:CHWWQ - Post by User

Post by Nashville35on Oct 31, 2023 9:08am
309 Views
Post# 35708880

chw and wafra - game chngr looks like

chw and wafra - game chngr looks like huge deal for these guys.  wafra is kuwait sovereign wealth fund I think.

and they agreed to warrant strike way above current quote, also good sign.  glad aren't issuing equity down here.

$1 billion is almost 50 percent of current balance sheet size so also provides massive off balance sheet relief at tough time for all these biznesses.
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