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Re: Chemtrade Logistics Income Fund Announces $120 Million Convertible Debenture Bought Deal FinancingCHE.un is currently yielding 7.9% based on a monthly cash distribution that was cut in half in March of 2020. The convertible debentures are offering 6.25%. I have rarely dipped into convertible debentures but this one looks attractive and less risky than the income fund units. The company looks like a decent bet leveraged to economic recovery from the pandemic. badnewstuna, care to speculate when the cash distribution will be restored to $0.10/month from the current 5 cents/month? |
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Msg # | Subject | Author | Recs | Date Posted |
110981 | Re: Chemtrade Logistics Income Fund Announces $120 Million Convertible Debenture Bought Deal Financing | dodgefan | 1 | 12/7/2021 10:41:45 AM |
110987 | Re: Chemtrade Logistics Income Fund Announces $120 Million Convertible Debenture - The Red | badnewstuna | 2 | 12/7/2021 3:49:23 PM |