TSX:SOT.DB - Post by User
Comment by
HRc60to65on Sep 19, 2024 8:05pm
104 Views
Post# 36232214
RE:RE:RE:RE:Slate Office
RE:RE:RE:RE:Slate OfficeRobert Armstrong, Interim Chief Financial Officer Relative to IFRS, the sales are decently inside, probably on average 30%, 40%, below just given where the market is. I think some of those decisions we made and the Board made in order to dispose of those are for realizing proceeds to repay debt, which we have done.
As part of your first question, as it relates to debt, all the net proceeds have been used to repay debt from those sales.
Sairam Srinivas, Cormark Securities Would you say it is 30% to 40% of the IFRS value?
Robert Armstrong, Interim Chief Financial Officer In some cases, 30% below is a good number.