SDA 0.00% 79.0¢ speedcast international limited

Ann: US$425M TLB Refinancing arrangements completed, page-2

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    Well that gives us a little bit more info than we had previously, in that all the previous bank borrowings were concurrently repaid and cancelled. Not sure how you reconcile that " Speedcast now benefits from an extended maturity profile, lower cost of debt and improved operational flexibility." when 2017 average interest rate was 4.86% and new interest rate is around 5.27% (see previous post)
 
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