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Debt spiralling out of control for many B C consumers, businesses

Debt spiralling out of control for many B C consumers, businesses
newwestrecord.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newwestrecord.ca Daily Mail and Mail on Sunday newspapers.

Debt spiralling out of control for many B C consumers, businesses

Debt spiralling out of control for many B C consumers, businesses
delta-optimist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delta-optimist.com Daily Mail and Mail on Sunday newspapers.

Debt spiralling out of control for many B C consumers, businesses

British Columbians are struggling with debt. This could be expected, given that inflation hit a 39-year peak of 8.1 per cent last June, interest rates are at 15-year highs and COVID-19-related financial support is long gone.

Cineplex sells blowout bond deal as investors bet on recovery

Cineplex sells blowout bond deal as investors bet on recovery Esteban Duarte, Bloomberg News VIDEO SIGN OUT Cineplex Inc. sold its $250 million sale of unrated bonds at a lower yield than previously offered after seeing strong demand from investors seeking to play the economic recovery trade. Canada’s largest chain of movie theaters priced the second-lien secured senior notes due 2026 to yield 7.5 per cent, according to people familiar with the matter. That compares with an earlier guidance between 7.5 per cent and 7.75 per cent and preliminary discussions with investors Thursday for 8 per cent to 8.25 per cent, said the people, who asked not to be named before the deal is completed.

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