Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - Chemtrade Logistics Income Fund Announces $120 Million Convertible Debenture Bought Deal Financing - Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - InvestorVillage


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Msg  110980 of 111232  at  12/7/2021 10:27:01 AM  by

The Red


 In response to msg 110979 by  badnewstuna
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Re: Chemtrade Logistics Income Fund Announces $120 Million Convertible Debenture Bought Deal Financing

CHE.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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Replies
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


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