Q: Hi Peter and Staff
I know you cannot believe everything you read or hear. I hear a commentator say last week that the company had floating debt that had risen to 21%. Is this true? I know rates have gone up by some 4% by that would still mean they were paying rather ridiculous floating rates for a public company?
IF not true perhaps you could shed some light on what they are inflicted with as far as floating rate debt and terms?
Thanks for all you do
Dennis
I know you cannot believe everything you read or hear. I hear a commentator say last week that the company had floating debt that had risen to 21%. Is this true? I know rates have gone up by some 4% by that would still mean they were paying rather ridiculous floating rates for a public company?
IF not true perhaps you could shed some light on what they are inflicted with as far as floating rate debt and terms?
Thanks for all you do
Dennis