MLX 1.00% 49.5¢ metals x limited

Ann: Refinancing Loan Facility Executed, page-10

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  1. 3,096 Posts.
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    They’re paying a 3.5% loan establishment fee. Given the loan is just 6 months long, that’s an annualised 7% and it’s paid upfront.. add it to the ongoing interest and the effective interest rate is much higher that 8%
 
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