Impact: Positive. Our estimates, target price and rating for CWC are currently Under Review as we await the release of the Company's 4Q15 financials. Nonetheless, we view the additional covenant relief as positive as it provides CWC additional financial flexibility.
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ANNOUNCES COVENANT RELIEF AND NEW MANAGEMENT TEAM MEMBERS
- Published:
15 Apr 2016 -
Author:
Ian B. Gillies -
Pages:
3
Impact: Positive. Our estimates, target price and rating for CWC are currently Under Review as we await the release of the Company's 4Q15 financials. Nonetheless, we view the additional covenant relief as positive as it provides CWC additional financial flexibility.