An investor looking at the financial statements of Manitoba Telecom Services Inc (MTS). Investor notes that MTS faces a number of serious problems in the short and long term. MTS credit ratings on its senior debt rated investment grade at BBB high and BBB +, but two steps from falling into the speculative grade rating. Worse, as DBRS and S & P negative rating trend on debt MTS. MTS's share price has fallen by about 20 percent compared to in the past five months. This case examines the impact of a pension plan may have on the company's financial flexibility. "Hide
by Darroch A. Robertson, Ken Mark Source: Richard Ivey School of Business Foundation 14 pages. Publication Date: December 6, 2006. Prod. #: 906B30-PDF-ENG
