FAR 2.02% 48.5¢ far limited

Ann: Equity raising to finance Sangomar Phase 1 Presentation, page-117

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    It is worth noting that WPL's bond is an unsecured debt at a lowly 4.5%.

    FAR are looking to borrow US$350m on a secured basis at 9-10% with the US$150m unsecured Mezzanine facilty likely to come in at 14% (12% + LIBOR per FAR's presentation notes today).
 
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