RE:RE:total debt, payment on FrydayI said that :<
the interest is very low for $45 mil ,only 1 1/2 month.>regarding total loan. I calculate very aprox the capital of the loan, only for the first year because some of them have deadline 6 or 7 years, the first and the second year are a little bit different. The deadline for each loan is explained on business report on sedar.com, doesn't matter what is blended rate, they are paying right now only partial of two of them.
More than it, there is a rate exchange influence for sure. If you want to calculate the interest to know the impact in financial statement you have to know the taxes influences and exactly the rates....
It was a very aprox calculation od a capital -debt for only the first year not all the debt.
sunshine7 wrote: No. They are not paying 9% on the total loan. Go back and review the interest rates associated with each loan. Blended rate is 7.25% with the smaller bridge loans at 9.5%. This is why they are paying them down first, 25% from this quarter CF and I assume will have them paid by the end of 2016 (25%/Q). The debt burden will drop and so will the blended rate.