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Investment Q&A

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ECN Capital Corp. 6.25% Senior Unsecured Debentures (ECN.DB.B)
- View ECN.DB.B Profile
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Q: How will the new deal ECN just negotiated affect their debt specifically ecn.db.b?

Asked by Robert on August 16, 2023

5i Research Answer:

There is no 'direct' impact, but bringing in $185M in new equity capital, all of which ranks below ECN's debentures, should help the overall credit quality and perception of the bonds.

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