• @Ilovethebomb
    link
    English
    103 months ago

    Do you really think a company like that would be paying 10% interest?

    • @dragontamer@lemmy.world
      link
      fedilink
      English
      4
      edit-2
      3 months ago

      My 10% estimate is assuming April 2022 (edit) market, when the deal was signed.

      It could be as high as 15% depending on circumstances. But yeah, consider the 10% number an underestimate.

      Rumor is that half the debt was variable and half the debt was fixed. Suggesting about 13% or so interest today.