User 135840

S&P Gives Teck Cominco Lowest Investment-Grade Rating

I am only finding 4.88 billion in total debt, 7.2 bil assets--were are they getting the 14 billion in debt ?


On Jan 15 10:10 PM Livingstone wrote:

> Firstly, the name of the company is Teck. Not Teck Camino or even
> Teck Cominco...just Teck. They officially changed their name on October
> 1, 2008.
>
> Teck will come out of this and in a few years will be trading at
> a premium to NAV which at present is about $30 per share. S&P
> will be back on the band wagon with a positive rating. I would like
> to see a rating agency that can actually tell you where a company
> is going rather than where it has been.

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