The interest rate on the 2019 credit facility varies slightly (its LIBOR plus but will come out at less than 5%pa from memory), the interest rates on the later tranches are known, 9.75% (2022 senior secured note, yellow) and 6.875% (2022 unsecured note. blue).
But, in any case, they already have "interest" accounted for in the first slide next to "capex" as part of what makes up their 28.3.
@spuza, you might be onto something with the principle on the loans being repaid over the whole life of the mines which is longer than the periods leading up to the payment dates. That might bring the capex down because there are a lot more tons of iron ore (more years at 170 mtpa say) to spread the capex recovery over.
I don't know, but want to, which is why I asked the question. Trying to learn or understand better is not paralysis by analysis. And my disclosure says I hold already. I put this in another thread so those without an interest could ignore it.
FMG Price at posting:
$5.79 Sentiment: Hold Disclosure: Held
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