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Bullboard - Stock Discussion Forum CareRx Corp CHHHF


Primary Symbol: T.CRRX

CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It... see more

TSX:CRRX - Post Discussion

CareRx Corp > Debt refinancing
View:
Post by Possibleidiot01 on Dec 11, 2023 9:27am

Debt refinancing

$70 million dollars debt on a company with a market capitalization of $91 million at $1.58 stock price.

Comment by TimeBuilder on Dec 11, 2023 9:46am
Noted:  Compared to its existing term loan and subordinated debt, the Company expects to initially save up to $1 million annually in interest charges.   ;>O
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