Post by
Frost19 on Sep 18, 2024 2:54pm
Interest cost savings
50 basis cut today in US and another 50 projected by year end.
What savings does everyone see for Baytex?
I see in previous reports, they revised interest costs up 20M annually as they increased the cost by about 1%.
Comment by
AvInvestor on Sep 18, 2024 8:07pm
Marginal savings. The bank credit facility is most probably floating rate while the secured notes are fixed.