Concordia Healthcare Corp. T.CXR.R

Funding

[TomWToronto]

Ok, the funding for the offering is done, but how does concordia anticipate to fund the 3 Billion dollar deal?  They raised 600M and have maybe another 100M in the bank...

They are only worth 2 Billion so its not like they can hand over that much equity in shares...

Where's the rest of the money coming from???

T.

[deleuze68]

It's all in the press release, combination of equity, debt, and debentures. The equity has already been issued at a fixed price and Goldman, etc. have committed to issuing the debt, debentures.

[donaldspice]

Did you read the press release this morning? It is generally covered in there. Please stop posting nonsense.

[Stockcoach1]

The details are in every press release about the purchase. As previously announced, the Company entered into an agreement to acquire London-based AMCo earlier this month. The purchase price for the acquisition will consist of cash consideration of approximately £800 million (approximately US$1.2 billion), a fixed amount of 8.49 million common shares of the Company, and the repayment of AMCo

[TomWToronto]

Thanks!  just noticed it.  T.