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Richards Packaging Income Fund (RPI_u.TO)

RPI_u.TO on Toronto Stock Exchange

65.66CAD
4 Dec 2020
Change (% chg)

$0.66 (+1.02%)
Prev Close
$65.00
Open
$63.96
Day's High
$65.76
Day's Low
$63.96
Volume
3,433
Avg. Vol
9,040
52-wk High
$86.28
52-wk Low
$27.51

Latest Key Developments (Source: Significant Developments)

Richards Packaging Income Fund Acquires Clarion Medical Technologies
Monday, 1 Jun 2020 

June 1 (Reuters) - Richards Packaging Income Fund ::RICHARDS PACKAGING INCOME FUND ANNOUNCES ACQUISITION OF CLARION MEDICAL TECHNOLOGIES.RICHARDS PACKAGING INCOME FUND - ACQUISITION OF CLARION MEDICAL TECHNOLOGIES FOR $64.4 MILLION.RICHARDS PACKAGING INCOME FUND - DEAL FINANCED BY $35 MILLION INCREASE TO TERM CREDIT, $2.9 MILLION DRAW DOWN ON REVOLVING CREDIT.RICHARDS PACKAGING INCOME FUND -DEAL ALSO FINANCED BY $16 MILLION OF CASH ON HAND AND $10.5 MILLION HOLDBACK FROM VENDORS.RICHARDS PACKAGING INCOME FUND - GIVEN CURRENT ECONOMIC ENVIRONMENT, IT IS UNCLEAR WHETHER ACQUISITION WILL BE ACCRETIVE TO EARNINGS IN 2020.  Full Article

Richards Packaging Income Fund Announces 2019 Third Quarter Results
Friday, 1 Nov 2019 

Oct 31 (Reuters) - Richards Packaging Income Fund ::RICHARDS PACKAGING INCOME FUND ANNOUNCES 2019 THIRD QUARTER RESULTS.  Full Article