AKK
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0.00% 0.3¢ austin exploration limited

Understanding Leverage & Debt, page-21

  1. madonion87
    482 Posts.
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    23/10/14
    09:47
    Post #: 14167673
    Well well well, AOK got their debt package lined up on pretty good terms. Pricing was 1M LIBOR + 4.5% (so ~5% all in). Looks like there's still appetite for O&G lending. Will be interesting to see how our final debt package looks

    http://www.asx.com.au/asxpdf/20141023/pdf/42t3ftndpzmr7b.pdf

    Disclosure: I hold both
    AKK Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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