SXL 6.03% 54.5¢ southern cross media group limited

Ann: Chairman's Address to Shareholders and AGM Presentation, page-2

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  1. 7,719 Posts.
    lightbulb Created with Sketch. 161
    If they have an ebitda to net debt leverage covenant - 18% down would put them right on about 4x by my rough sums. That is the covenant that FXJ has. Not much breathing space if that is the case.

    DYOR
 
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