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Builders Capital Mortgage Corp V.BCF

Financial Services
Builders Capital Mortgage Corp. is a Canada-based mortgage lender. The Company provides short-term, course of construction financing to builders of residential, wood-frame construction projects in Western Canada and Nova Scotia. The principal business of the Company is to acquire, originate and maintain a portfolio consisting primarily of construction mortgages that are secured by development stage residential real property. The Company’s mortgage portfolio and operations are managed by Builders Capital Management Corp.


TSXV:BCF - Post by User

Builders Capital Mortgage Corp
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Post by sdhakaon Apr 16, 2024 5:42pm
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Post# 35992506

Builders Capital Mortgage Planning a $50M bond financing

Builders Capital Mortgage Planning a $50M bond financing
Builders Capital Mortgage Corp. is Planning a $50M bond financing; terms undisclosed
 
FRC Opinion: Positive – This financing is indicative of the company’s robust pipeline of mortgages. 2023 year-end financials are due by the end of this month. We anticipate record revenue and EPS. 
 

*FRC provides issuer paid coverage.

*Past performance is not indicative of future results
 
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