Previous Close | 3.1600 |
Open | 3.2000 |
Bid | 3.1700 x 0 |
Ask | 3.1900 x 0 |
Day's Range | 3.1700 - 3.2100 |
52 Week Range | 3.1000 - 5.8800 |
Volume | |
Avg. Volume | 50,804 |
Market Cap | 124.218M |
Beta (5Y Monthly) | 1.59 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -12.5040 |
Earnings Date | Sept 07, 2022 - Sept 12, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Dec 29, 2008 |
1y Target Est | 3.55 |
MONTREAL — Transat AT Inc. has secured another emergency loan from Ottawa as the tour operator struggles to shore up its balance sheet. Transat said Friday it has reached a deal to borrow $100 million from the Canada Enterprise Emergency Funding Corporation. The Crown corporation loan comes precisely 15 months after Transat received a $700-million government loan, saying then that nearly half of the funding would flow toward passenger refunds. The Montreal-based company received an additional $4
Today, the Canada Enterprise Emergency Funding Corporation (CEEFC), a wholly owned subsidiary of Canada Development Investment Corporation (CDEV), announced an additional loan to Transat A.T. Inc. ("Transat") under the Large Employer Emergency Financing Facility (LEEFF) to protect jobs in Canada's airline sector.
Transat A.T. Inc. ("Transat" or the "Corporation") announced today that it has reached an agreement with Canada Enterprise Emergency Funding Corporation ("CEEFC"), a federal Crown corporation, to obtain $100 million in additional liquidity. In connection with the establishment of such additional funding, through the Large Employer Emergency Financing Facility (LEEFF), Transat has reached an agreement with all lenders to defer the April 2023 maturities to April 2024, as well as to defer from Octo