Talk:Canwest: Difference between revisions
m Signing comment by Haida chieftain - "→the best way to talk about bankruptcy: " |
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(“DIP”) financing arrangement. (notes 4 and 12)." |
(“DIP”) financing arrangement. (notes 4 and 12)." |
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These are facts, why is ABL facility unhapppy (ABL faclility new line of credit CanWest sought out and borrowed from, as the ad hoc 8% bondholders cannot forclose on CanWest themselves, as their bonds are not registered in Canada or the United States. |
These are facts, why is ABL facility unhapppy (ABL faclility new line of credit CanWest sought out and borrowed from, as the ad hoc 8% bondholders cannot forclose on CanWest themselves, as their bonds are not registered in Canada or the United States. <small><span class="autosigned">—Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[User:Haida chieftain|Haida chieftain]] ([[User talk:Haida chieftain|talk]] • [[Special:Contributions/Haida chieftain|contribs]]) 02:15, 23 December 2009 (UTC)</span></small><!-- Template:Unsigned --> <!--Autosigned by SineBot--> |
Revision as of 02:16, 23 December 2009
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Shouldn't there be something in the article about Canwest Global and Goldman Sachs buying Alliance Atlantis? Tomcat335 22:44, 11 February 2007 (UTC)
- Done and done. JacobTwo 04:18, 18 February 2007 (UTC)
CanWest owns The New Republic magazine
It should be stated that CanWest now holds a major share of The New Republic magazine (TNR) in the United States.
This link addresses the changes at TNR: http://www.politico.com/news/stories/0207/2878.html
BlueVet --BlueVet 20:14, 24 February 2008 (UTC) —Preceding unsigned comment added by BlueVet (talk • contribs) 22:13, 21 February 2008 (UTC)
Move request
I think the article should be renamed "Canwest" (or go back to the old name). Only an admin can do the move, I think. --Rob (talk) 21:51, 10 May 2008 (UTC)
the best way to talk about bankruptcy
I think we can all agree that the company has finally made the sane move and filed for bankruptcy protection after several years of denial and some degree of honest effort on the part of Mr. Asper. Global and the National Post will very likely now be put up for auction. (If you don't like the expression "put up for auction" then all I can say is I'm sorry you're upset but seriously, you might not actually understand what's going on here.)
In light of this situation (i.e. the largest media bankruptcy in Canadian history, which is getting coverage in newspapers worldwide), do you think it might be helpful to expand on the topic beyond the following sentence? (which btw violates wikipedia standards - subject of article is not allowed to edit article on self, whether it's an individual or a corporation).
Since October 2009, the company has been operating under creditor protection as part of the process to recapitalize the company.[2][3] —Preceding unsigned comment added by Mardiste (talk • contribs) 01:23, 8 October 2009 (UTC)
- Not bankruptcy, creditor protection, completely different things. єmarsee • Speak up! 00:11, 10 October 2009 (UTC)
02:15, 23 December 2009 (UTC)02:15, 23 December 2009 (UTC)02:15, 23 December 2009 (UTC)02:15, 23 December 2009 (UTC)02:15, 23 December 2009 (UTC)02:15, 23 December 2009 (UTC)02:15, 23 December 2009 (UTC)~ CanWest protection filing is a scam. Read the below quote and see how CanWest says it has a debt crisis, makes a new special loan, that now CanWest these is forclosing: problem being CanWest selling ten; made good to this special loan.
Fact, page37 from CanWest 09 Annual Report, post dec2/09
"On September 22, 2009 the Canwest Media Entities entered into a Cash Collateral and Consent Agreement with an ad hoc committee of 8% senior subordinated unsecured note holders representing over 70% of the 8% senior subordinated unsecured notes issued by Canwest Media (the “Ad Hoc Committee”).
On October 1, 2009, the Company sold its interest in Ten Holdings for net proceeds of $618 million (see note 31). In accordance with the Cash Collateral and Consent Agreement the proceeds were advanced to Canwest Media by its wholly-owned Irish subsidiary which held the investment in Ten Holdings and were utilizedas follows: $102 million to repay the 12% notes, $85 to repay the ABL facility and to provide operating liquidity and $431million to reduce its obligations under its 8% senior subordinated unsecured notes indenture.
On October 5, 2009 the Canwest Media Entities entered into a CCAA Support Agreement with the Ad Hoc Committee pursuant to which it intends to pursue a proposed recapitalization transaction related to the Canwest Media Entities (note 4). The proposed terms of the recapitalization transaction are set out in a Recapitalization Term Sheet (together with the CCAA Support Agreement, the “Recapitalization Agreement”).
On October 6, 2009, as set out in the terms of the Recapitalization Agreement, the Canwest Applicants applied for and obtained creditor protection under CCAA and the Court approved the conversion of the ABL facility into a debtor-in-possession (“DIP”) financing arrangement. (notes 4 and 12)."
These are facts, why is ABL facility unhapppy (ABL faclility new line of credit CanWest sought out and borrowed from, as the ad hoc 8% bondholders cannot forclose on CanWest themselves, as their bonds are not registered in Canada or the United States. —Preceding unsigned comment added by Haida chieftain (talk • contribs) 02:15, 23 December 2009 (UTC)