FairFacts Posted January 31, 2022 Share Posted January 31, 2022 Blackberry to get $600 million ($450m in cash, $150 in debt). I wonder if they will pay down some or all of the convertible debt to Fairfax? https://finance.yahoo.com/news/blackberry-sell-patents-related-mobile-125713253.html Link to comment Share on other sites More sharing options...
glider3834 Posted January 31, 2022 Share Posted January 31, 2022 BB can't redeem converts before maturity - it does put BB in a stronger cash position but i think analyst expectation was closer to $1 bil rather than $600 mil - on the flipside they got deal done Link to comment Share on other sites More sharing options...
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