NWH 0.82% $3.62 nrw holdings limited

Ann: Corporate Note Offering, page-6

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  1. 262 Posts.
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    Hi PB,

    NRW has/dad two different loans with ANZ. From memory, interest rate was 11%-13%.. I'm pretty sure I read this in their 2015 Annual report. I'll try to get a reference to this later in the day. If I rely on my memory, with 7.5% they will save a fair bit.
    Other key point is that they will ammortise these notes over the 4 year period. Basically, this means that they will pay principal and interest in equal instalments over th 4 yr period, just like their current agreement with ANZ.

    DYOR & GLTA
 
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