zed, it's the credit rating that determines the interest rate.
the vast majority of the RAMS 250m is AAA backed.
let's face it guys, unless something really bad happens in the US tonight or monday night, the deal is as a good as done.
commodore, if macquarie was able to get it through at 40bp, and since then confidence has improved in the credit markets, why is rams going for >50bp ?
surely competition amongst lenders will drive the rate down.
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