yeah exactly
BBB- spreads: LIBOR + 1300bp. Meaning to borrow Centro would be paying around 5.0% + 13% = 18%!
go to www.markit.com.au - then go to indicies - then go to CMBX - look at most recent BBB- rating.
This is how much they borrow at.
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yeah exactly BBB- spreads: LIBOR + 1300bp. Meaning to borrow...
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