TheGlobal Atlantic facility is structured as two tranches – a Term Loan of US$360million with a 5.5-year duration, and a Bridge Loan of US$70.65 million with a2-3-year duration, subject to exercising Borrower options. The Term Loan isfixed at 4% and Bridge Loan fixed at 5%.
At19 November 2020 the blended cost of debt was approximately 4.11%, and theindicative rate for the new structure (post URFHC repayments) is 4.16%. Thislocks in a cost of capital for the Fund, which has significantly improved overthe last 18-months (for comparison, at 30 June 2019 the blended cost ofinterest was 5.79%). The blended interest cost will continue to decrease toward4% as the Bridge Loan is progressively repaid.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
30.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $210.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 88689 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 191516 | 3 |
View Market Depth
| Last trade - 10.14am 16/09/2025 (20 minute delay) ? |
| URF (ASX) Chart |
Day chart unavailable