Alto Ingredients Inc (ALTO)

[ID Supermoney]

This is where I disagree!!

that have a maturity date of June 30, 2016, the Plant Owners must pay a premium equal to the present value of all interest payments that would
have accrued from the date of such payment through June 30, 2016, calculated using a discount rate, applied quarterly, equal to the Treasury
Rate as of such prepayment date plus 50 basis points.

So treasury rate say is 2% add 0.5% say at most 3%

over 2 years say from June 2014 on $58 million to pay out early is PEANUTS!!

How do you get this $20 million penalty?????

TIA

ID