That is a US$4.5m (or A$6.0m) p.a. of savings on the same amount of debt. because they took out US$50m of debt, interest largely remains the same. Overall it is a net positive as 8.75% for an unsecured note is not bad.
That is a US$4.5m (or A$6.0m) p.a. of savings on the same amount...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
