Post by
healthstock1234 on Dec 16, 2015 7:49pm
total debt, payment on Fryday
To finance the Acquisition, the Company entered into agreements relating to term loans, senior unsecured debt and equity bridge loans totalling $2,842,250 as follows: Debt financing facilities Principal Term US denominated term loan ....................................................... $ 1,100,000 6 years GBP denominated term loan .................................................... £ 500,000 6 years Senior unsecured debt .............................................................. $ 790,000 7 years Extended bridge loan ................................................................ $ 135,000 7 years Equity bridge loan .................................................................... $ 45,000 2 years
This is total debt, they are paying around 9% capital-debt from the first year, after 1 1/2 month from the new acquisition.
Comment by
sunshine7 on Dec 16, 2015 8:05pm
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.
Comment by
sunshine7 on Dec 16, 2015 9:28pm
So I still don't understand your point, starting with the subject line Fryday instead of Friday? Of course they will pay down the highest interest and shortest term loans first. The interest on the remaining loans are very manageable from forecasted cash flow. You have a negative tone that seems a bit misleading.
Comment by
healthstock1234 on Dec 16, 2015 9:43pm
I said:<They really carry about the rate.>It is far to be negative. Your tone is very to on a grammatical issue instead to read what I wrote! More than it , you were wrong in your precedent message!
Comment by
adamchess on Dec 17, 2015 1:27am
OMG - healthstock - what planet are you from? Auditor or not, I have no idea what you are talking about most of the time. Give us a break please. Do you really work in english language? Also, fyi... Zack is really Zacks - a family name. How do you miss that? sorry bud
Comment by
healthstock1234 on Dec 17, 2015 11:27am
OGM=organisme gntiquement modifi=GMO=genetically modified organisms OGM is FRENCH language. OGM and French language are so international recognized that everyone know about OGM !!In French! English is recognized as The Language of Global Business and French as Language of Diplomacy. OGM!! How do YOU miss that?!
Comment by
healthstock1234 on Dec 17, 2015 11:30am
organisme gntiquement modifi I do not know why when I post it the words were changed!
Comment by
healthstock1234 on Dec 17, 2015 11:31am
look on the Internet about OGM, when I posted in French on stockhouse they changed the words!
Comment by
healthstock1234 on Dec 17, 2015 12:34pm
I wrote some days ago about OGM ,if you do not understand it and you have changed the letters,it is because of your education level. What you wrote represents your character!
Comment by
ChartSchool on Dec 17, 2015 12:42pm
Adamchess, .... Damn I like your character and all I want for Christmas is my ignores to work and some of those OMG's. LMAO. Chart
Comment by
healthstock1234 on Dec 17, 2015 1:18pm
Despite your fluency in English, I suspected your education level on October.I said nothing because stockhouse is not a private site and you do not need to be professional to invest in CXR. I already have a formed opinion about some stockhouse members, simply, I will ignore you doesn't matter what you say.
Comment by
sunshine7 on Dec 17, 2015 1:22pm
Everyone please stop this mindless drivel. Just clutter. And don't respond to this one. THX
Comment by
slightfan1 on Dec 17, 2015 1:45pm
sunshine7, I was just about to write the same when I saw your "NO MORE DRIVEL " post. I have the trouble makers on ignore but if it continues, I will also put on ignore the people that banter with them. It is very annoying.
Comment by
adamchess on Dec 17, 2015 2:05pm
sorry slightfan1 and sunshine7 and others: i will try to be more focussed to CXR discussions and sp in future. Have a great day. quote=slightfan1] sunshine7, I was just about to write the same when I saw your "NO MORE DRIVEL " post. I have the trouble makers on ignore but if it continues, I will also put on ignore the people that banter with them. It is very annoying.[/quote]
Comment by
FingBucko on Dec 17, 2015 5:28pm
I couldn't agree more and so I Bumped this post. Everyone bump this if you agree.