IBG 0.00% 0.5¢ ironbark zinc ltd

Ann: Suspension from Official Quotation, page-185

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    The reported $657m might be taking into account the one-time commitment fee should the entire funding be awarded.

    https://www.exim.gov/what-we-do/project-structured-finance/fees-for-project-finance

    A commitment fee for direct loans is 1/2 of 1%, so 0.5% of the entire loan amount. $654,000,000 x 1.005 = $657,270,000. However, with the 402A designation thrown into the equation, we might see a lower fee. Not that it'll matter much in the grand scheme of things, but every dollar saved counts tongue.png. Just a possibility.
 
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