I don't think CB are interested in taking on anymore, they're probably in too deep already.
Unusual for private equity to hang around this long on both debt and equity sides without seeing any return. They've already doubled down so reckon there'll be enormous pressure internally at CB to start seeing a return and think about exiting.
My gut feel is maybe sometime down the road there will be a TSX listing and that''s the exit strategy for the CB.
BLY Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held