CDU 0.00% 23.5¢ cudeco limited

Ann: Full Year Statutory Accounts, page-37

  1. 13,091 Posts.
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    Hi Bitzer

    first year
    .25 libor at time (rates are rising )plus

    3.5 margin
    plus

    upfront fee 2 pc of entire value of facility ( massive fee)

    plus

    management fee 2 pc on drawdown amount in first year 2 Pc each year thereafter on balance

    Plus 1Pc on any funds not even drawn down

    that's bloody expensive money in 2014 imo
 
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