TSX:CHE.UNChemicals
A Look at Chemtrade (TSX:CHE.UN) Valuation After Major Debenture Reduction and Capital Structure Shift
Chemtrade Logistics Income Fund (TSX:CHE.UN) announced a major reduction in its outstanding 6.25% and 7.00% Convertible Unsecured Subordinated Debentures, following recent substantial issuer bids. This significant move is intended to reduce potential equity dilution and optimize the company’s capital structure, representing a notable step in its debt management strategy.
See our latest analysis for Chemtrade Logistics Income Fund.
The decisive cut to Chemtrade’s convertible debentures adds...