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Neighbourly Pharmacy Inc T.NBLY.R


Primary Symbol: T.NBLY

Neighbourly Pharmacy Inc. is a Canada-based company that operates a network of community pharmacies. The Company is an owner and operator of retail pharmacies located throughout Canada under banners such as IDA/Guardian, Pharmachoice, Pharmasave and Remedy’s RX. The Company, through its subsidiaries, owns and operates a network of retail pharmacies known as Rubicon Pharmacies (Rubicon or Rubicon Pharmacies. The Company owns and operates approximately 287 locations across seven provinces and one territory, a coast-to-coast footprint that provides scale and diversification. The Company’s pharmacies provide accessible healthcare with a personal touch. The Company also owns British Columbia-based pharmacies.


TSX:NBLY - Post by User

Post by Kanatainvestoron Nov 01, 2023 3:44pm
117 Views
Post# 35711962

Canadian 10-Year bond yield down to 3.92%

Canadian 10-Year bond yield down to 3.92%When the deal for NBLY was announced, the yield on the 10-year stood at 4.24, this is over a 30 basis points decline in a month (https://www.marketwatch.com/investing/bond/tmbmkca-10y?countrycode=bx). This is why many interest rate sensitive stocks such as REITs and Utilities are rallying sharply today. The market is anticipating rates to decline faster than what perceived to be the case a month ago. This buds well for NBLY both as a standalone company, or the for the ability of PCP to securing financing at favorable rates on or before November 13th.
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