"The facility has a 7-year term (with 4-year repayment holiday) and is priced at a margin of 7.75% over LIBOR. Undrawn facility amounts will attract a Commitment Fee of 40% of the margin. The banks’ underwriting is subject to the successful conclusion of pre-placement market soundings."
Could this mean that FAR only need to start paying interest on drawdowns when it's already earning income with first oil being 3 years away? If so, then not bad at all..MyFok
"The facility has a 7-year term (with 4-year repayment holiday)...
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Last
51.5¢ |
Change
-0.005(0.96%) |
Mkt cap ! $48.28M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 53.0¢ | 51.5¢ | $52.90K | 102.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72595 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 6608 | 2 |
View Market Depth
| Last trade - 15.19pm 08/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |