Post by
righand2 on Sep 14, 2016 8:47am
Be careful
These new senior notes, while "unsecured", are nonetheless "unconditionally guaranteed by certain of Canexus's current and future subsidiaries". That means they rank far above the common shares. One has to wonder why management would not even engage Chemtrade? What would it hurt? And who bought these new notes? They weren't offered to the public. Simply a lot of red flags lately.
Comment by
Roxy27 on Sep 14, 2016 8:18pm
These kind of notes are never offered or traded publicly. The can be bought through your investment advisor if you are a qualified investor.