The Interpipe international vertically integrated pipe and wheel company paid dividends to the shareholders in the amount of $ 40 million in March this year, according to its 2020 annual report.
Inter Pipeline unlikely to find alternate bidder to ward off Brookfield bid, analysts say theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
The Daily Chase: Hunt for yield reaches Cineplex; Inter Pipeline launches review VIDEO SIGN OUT
Howâs this for a sign of the times: Our Bloomberg partners are reporting Cineplex is finding plenty of demand for the $200-million debt financing thatâs mandated by its lenders in exchange for continued covenant relief. According to Bloombergâs intel, Cineplexâs bankers have rounded up approximately $1 billion in preliminary interest and are looking to push the bonds with a sub-8 per cent yield. All that for what has to be one of Canadaâs hardest-hit companies during the pandemic. Weâll explore what this tells us about investor psychology and the hunt for yield in todayâs low rate environment.