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Bullboard - Stock Discussion Forum Western Wind Energy Corp V.WND

Utilities Utilities - Independent Power Producers

TSXV:WND - Post Discussion

Western Wind Energy Corp > Yabucoa
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Post by Intravires69 on Jan 30, 2013 8:38am

Yabucoa

I am estimating mid March for financing closing. AS for th einterest rate.  It is not the interest rate that is important but whether the loan is open and/or what are the pre-payment priveliges.

 The new owner can simply pay it off and re-finance.

Comment by peter75 on Jan 30, 2013 8:53am
69 you have to be kidding lenders do not underwrite complicated loans with escape clauses in the first three years  this is not a consumer loan   What do you think the brokerage fees, commissions are?  Has anyone ever asked where the brockerage commissions go and to who? These are important questions one should ask
Comment by Intravires69 on Jan 30, 2013 9:04am
Sure they do.  Commercial loans can customized to the situation.  There may be pre-payment penalties.  It  is whatever  is negotiated.  Remember, this loan appears to provide the lender with equity in the even of default so we are dealing with a very tailored agreement.
Comment by Probability on Jan 30, 2013 9:13am
They just refinanced a truck load of debt with that cause ...... dont just guess read the NR
Comment by Probability on Jan 30, 2013 9:15am
$25 million can be paid off in any time frame https://www.stockhouse.com/companies/stories/v.wnd/8672499
Western Wind Energy Corp
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