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7.42% $1.31 tfs corporation limited

That is a US$4.5m (or A$6.0m) p.a. of savings on the same amount...

  1. k99999x
    211 Posts.
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    21/07/16
    10:28
    Post #: 18324883
    That is a US$4.5m (or A$6.0m) p.a. of savings on the same amount of debt. because they took out US$50m of debt, interest largely remains the same. Overall it is a net positive as 8.75% for an unsecured note is not bad.
    TFC Price at posting: $1.55 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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