MFS mfs limited

price predictions, page-21

  1. 897 Posts.
    That was not the main cause I believe, which was actually the fact they were going to attempt to raise $550m from shareholders to pay down mainly intercompany debt while at the same time telling the market they faced no debt problems.

    Shareholders just ran from that news!

    They assured the market on Friday that paying the $150m debt was not a problem and was under control, the news of the $550m is more what spooked the market.
 
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