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Wednesday, 04/22/2015 1:39:01 AM

Wednesday, April 22, 2015 1:39:01 AM

Post# of 41243
Early payment is common at Hercules:
This is from their most recent CC on th 4th qtr.

"As you could see the fourth quarter for Hercules was a tremendous fourth quarter for ourselves and we had anticipated a very healthy fourth quarter but not to these levels. Driving our core investment yield during the year was unprecedented levels of early prepayments. These repayments served to increase any unamortized fees as well as trigger prepayment penalties that may be realized upon the repayment of these loans that occurred early. During fiscal 2014, we had approximately $358 million of early prepayments that took place of which a $147 million alone occurred in the fourth quarter."

Hercules is public and their CC's and filings are public info...

BTW I am hoping AMDA can refi with Hercules also , for much better terms...
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