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748 Posts.
68
23/09/11
09:24
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Shabandri,
your figures are completely wrong!
1st line on the example you used says '$US15m drawn under a $US20m debt facility'
you've counted it as $20m at the bottom.
and then you've added the $65m finance just signed - without removing the above $15m even though what you pasted says:
'A secured 3 year term loan facility of $US15m to be made available to refinance an existing debt facility advanced by EDF Trading'
so at worst it is already down to $81m...
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