NCM newcrest mining limited
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Sorry error:They also issued US$1b of corporate bonds:- $0.75b...

  1. adacadabra
    67 Posts.
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    04/12/13
    20:16
    Post #: 12658880
    Sorry error:

    They also issued US$1b of corporate bonds:
    - $0.75b due for repayment in 2022 @ 4.2p.a
    - $0.25b due for repayment in 2041 @ 5.75p.a


    Say, 4.5bil @ average of 5% interest per annum:

    $0.225b of interest per year to service?

    NCM Price at posting: $7.16 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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