Business
Superior Plus Income Fund - Fourth Quarter and 2005 Earnings and March 2006 Cash Distribution Notice
Superior Plus Income Fund - Fourth Quarter and 2005 Earnings and March 2006 Cash Distribution Notice.
About this update from Superior Plus Corp
[{"type":"text","content":"\n\n\n\n\nTSX: SPF.UN\n\nCALGARY, March 8 /CNW/ -\n\n- Q4 Distributable Cash Flow per trust unit declined 5% from the prior\n year period.\n\n- Business diversification advanced with the $405 million acquisition\n of JW Aluminum (\"JWA\") on October 19, a leading manufacturer of\n specialty flat-rolled aluminum products.\n\n- $200 million, 5.50% 10 year senior secured debentures issued on\n March 3, strengthening the balance sheet and diversifying credit\n sources.\n\n- March 2006 distribution reduced to $0.185 per trust unit ($2.22\n annualized) due to challenging business conditions.\n\n>\n\n\n","length":132837,"tagName":"div"}]