TSX:KEYOil and Gas
Keyera (TSX:KEY): Assessing Valuation After Hybrid Note Amendments Clarify Capital Structure
Keyera (TSX:KEY) just wrapped up a consent solicitation that drew strong backing from noteholders. This move aligns terms across its hybrid notes and removes clauses for automatic conversion during bankruptcy events. As a result, the company's capital structure is clarified and could boost investor confidence.
See our latest analysis for Keyera.
Keyera’s latest consent solicitation win comes as its share price has dipped 6.7% over the last month and is down nearly 7.7% year-to-date. Still,...