TSX:NWH.DB.G - Post by User
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Zipolitemexicoon Oct 20, 2024 9:48am
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Post# 36273607
Scotiabank 6.50 target
Scotiabank 6.50 target This was a note by Scotiabank back in May.
What if Brazil portfolio is disposed? If Brazil with IFRS value of $793M is disposed at ~5% discount, leverage will reduce to ~53% (from 59%) and debt maturities in 2025will reduce to ~30% of total debt (from ~42%). We think a sizable portfolio disposition is required to take unit pricecloser to $6.50