Hi Sami,per June financials they owe $809,900,000 on bank debt...

Hi Sami,

per June financials they owe $809,900,000 on bank debt on DBCT and $880,000,000 in guaranteed bonds. The bonds are hedged into 6.73% at 30 June. From memory I believe debt is average 7% from Feb shareholders pack. There was still some undrawn at 30 June.

I would think the interest bill is around $1.7b will be apprx $120m, EBITDA I estimate around $200m (unless a big price reset), therefore conservative $80m in free cashflow by my best guess.

Cheers