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Re: kipp440 post# 6932

Friday, 10/01/2010 4:44:08 PM

Friday, October 01, 2010 4:44:08 PM

Post# of 17739
kip440: ATPG

"The $350 million facility bears interest at a minimum of 8.75%."

What would that come to? About $27M a year in interest? $13M a year now on the $150M. And that is at the MINIMUM interest rate of 8 3/4%. If interest rates were to rise suddenly, they'd have a problem, imo.





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