Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Horizons Active Floating Rate Snr Ln ETF Class E T.HSL

The investment objective of HSL is to seek to provide unitholders with a high level of current income by investing primarily in a diversified portfolio of U.S. senior secured floating rate loans, which are generally rated below investment grade (loans rated at or below BB+ by Standard & Poors, or a similar rating by a designated rating organization) and debt securities, with capital appreciation as a secondary objective. HSL principally invests in a portfolio of U.S. senior secured floating rate loans which are generally rated below investment grade (loans rated at or below BB+ by Standard & Poors, or a similar rating by a designated rating organization) and debt securities. HSL may also invest in Listed Funds, as they are defined in the ETFs prospectus, that provide exposure to senior loans.


TSX:HSL - Post by User

Horizons Active Floating Rate Snr Ln ETF Class E > who is going to vote no on this deal?.....
<< Previous
 Bullboard Posts
User Avatar Image
(3)
•••
Comment by fibonnacion May 24, 2012 1:56pm
358 Views
Post# 19942728

RE: who is going to vote no on this deal?.....

RE: who is going to vote no on this deal?.....

sorry , meant to add..... dxpe had ebitda of around 23mm in latest quarter compared to over 5 million for hsl

 

do the math, on a ebitba basis, we have 20-25% of their ebitda but we are getting around 10% of their market cap????..... this deal is too cheap imho

 

dxpe has 250 million in debt, hsl has 10 million in debt

 

ummmmmmm...... am i missing something? hsl holders are being taken to the cleaners, step up and make your self heard!

 

glta

 

 

<< Previous
 Bullboard Posts
Dealroom for high-potential pre-IPO opportunities