Australia's largest stock trading and investment forum Australia's #1 stock forum

SGH

Click for more information

0.00%

54.5¢ slater & gordon limited

Excellent Thank you!! GLTAH's this has been one hell of a...

First 24 Last

Share
Profile

Follow
PatienceToWin

13,058 Posts.

1052

29/06/16

12:14

Post #: 18149807
Share

Originally posted by lakota6 ↑

The term loans as reached in announcement 2nd May 2016 total A$840M and mature at 2 dates, namely May 2018 and March 2019 and are fully drawn loans. The terms and conditions of these loans , including interest rate , as far a I know are unknown. The banking syndicate have taken amendment fees payable as warranties and or cash as we already know. I assume that an increase in interest rate was also demanded for increase risk. The A$15.5M finance costs included in H1 would have been calculated by the amount owed at the interest rate agreed to with the finance syndicate. If I remember correctly ( and these figures may be out a bit ) A$730M@ 4.25% equates to A$15.5M interest per half year.

Expand

Excellent Thank you!! GLTAH's this has been one hell of a journey and we are just about to open another chapter!!

SGH Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

PAR

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

Essential Energy conference: Streamlining approvals key to the green energy transition

First 24 Last

Add SGH (ASX) to my watchlist