BPC has strengthened its balance sheet, obtained long term...

BPC has strengthened its balance sheet, obtained long term funding and achieved the financial flexibility to continue to develop business with an issue of a ten-year senior subordinated debt of US$400m in June 2002. Part of the proceeds used to redeem its outstanding US$98.3m convertible debt bonds.

Does this mean if our dollar continues to rise against the US dollar the subordinate debt amount will be less because it's in US$$$'s? From what I gathered though a rising Aussie dollar hurts BPC's bottom line. Is this correct?

Brixy