re: Ann: Exorbitant Eureka Debt Facility and ... this seems a...

  1. 225 Posts.
    re: Ann: Exorbitant Eureka Debt Facility and ... this seems a bit rich coming from AUT.

    In 1Q 2012, AUT paid $7million "borrowing costs". this appears to be because they paid back $30million outstanding on their revolving debt facility that they arranged only the previous quarter... they paid it back early because they subsequently arranged $200million of senior unsecured notes.

    so to call EKA's debt facility 'exorbitant' is a bit rich
 
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