I would like to say I like this deal, and if I could get my hands on some, I would even LOVE it.
But since I know I'll never be able to get some of these debentures, I feel like in the song, " but not for me ".
$3.50 is much too sweet to my taste, considering the 5 years span.
I wonder how much a $25M loan from Investissement Québec would have cost them ?
There SHOULD be an option for Orbite to buy back, like in many debentures offers.
But then, realistically, what do I know about these things ?