SWM 2.94% 17.5¢ seven west media limited

Ann: Seven West Media Refinances Debt Facilities, page-6

  1. 953 Posts.
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    Agree.

    Even if drawn at $240m, at an all in cost of 2.5% (int + margin), we are only talking of an interest cost of $6m vs an EBITDA for FY22 which should be somewhere north of $250m.

    This will allow them to easily progress any new deals they are chasing without having to go cap in hand to their banking syndicate "please Sir, can I redraw some of my loan"
 
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