TFC
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7.42% $1.31 tfs corporation limited

Ann: TFS to Issue US$250 million of New Senior Secured Notes-TFC.AX, page-4

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  1. k99999x
    211 Posts.
    lightbulb Created with Sketch. 37
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    21/07/16
    10:28
    Post #: 18324883
    That is a US$4.5m (or A$6.0m) p.a. of savings on the same amount of debt. because they took out US$50m of debt, interest largely remains the same. Overall it is a net positive as 8.75% for an unsecured note is not bad.
    TFC Price at posting: $1.55 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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