Kingsway(KFS) - 2022 Q4 - Earnings Call Transcript

Operator Adam Patinkin - David Capital Earlier this year, we sold PWSC for 51.2 million in cash with net proceeds to Kingsway of 37.2 million. We sold this asset at an attractive price and freed up capital to pursue a repurchase of our trust preferred debt and acquire other great businesses just prior to yearend, we completed the sale of our rail yard in Texas for a total sales price of 215.2 million. Importantly 170.7 million of the sales price was non-recourse mortgage debt that Looking ahead, we're striv ...