The debt is manageable and they should get a good part of the

non Jarrold stand related debt repaid this year as they have ?1.1m from the hotel deal and ?2.6m in the Accounts as other debtor but relates to the land sale behind the River End I believe.

Posted By: Financebod on November 23rd 2005 at 15:42:35

Message Thread

Is our debt made up of 1 big loan or loads of smaller loans? (n/m) (NCFC) - Pekey_PK, Nov 23, 15:22:17
- Fucking loans.I've had loans to pay off loans.Should be clear by 2007. (NCFC) - big_erics_shin, Nov 23, 15:45:10
- I understand... (NCFC) - Jim Nasium, Nov 23, 15:24:01
  - Result! (n/m) (NCFC) - Arizona Bay, Nov 23, 15:24:39
- Spot the Ocean Finance joke on the horizon. (NCFC) - Arizona Bay, Nov 23, 15:23:40
  - ha ha (n/m) (NCFC) - Jim Nasium, Nov 23, 15:24:14
- Perhaps we should consolidate all of our exisiting loans into one lower monthly payment? (NCFC) - Squiggles, Nov 23, 15:23:32
  - Eight seconds damn you. (n/m) (NCFC) - Arizona Bay, Nov 23, 15:24:08
    - Happy days (n/m) (NCFC) - Small, Nov 23, 15:25:10
      - you failed again on your entrance today (NCFC) - camcan, Nov 23, 15:26:09
        
        Small (NCFC) - Small, Nov 23, 15:29:30
- Lots of big ones. (n/m) (NCFC) - The Tudster, Nov 23, 15:23:04
  - Here's info re the structured debts etc. (NCFC) - Financebod, Nov 23, 15:39:02
    - The debt is manageable and they should get a good part of the (NCFC) - Financebod, Nov 23, 15:42:35
    - Pardon my ignorance, but why do we need to borrow at LIBOR + 2%? (n/m) (NCFC) - The Tudster, Nov 23, 15:42:27
      - LIBOR (aka Base Rate)+2% is a good rate for a commercial loan (NCFC) - Financebod, Nov 23, 15:44:30
        
        I know what it means, and it's only good while LIBOR is low. (n/m) (NCFC) - The Tudster, Nov 23, 15:47:19
        
        may be NCFC thought the rate for a fixed rate loan rather steep ? (NCFC) - Financebod, Nov 23, 15:53:24
        
        Hang on a minute - timescale related ! (NCFC) - Financebod, Nov 23, 16:05:35
        
        Keep going. (n/m) (NCFC) - The Tudster, Nov 23, 16:10:28
        
        I'll do that. (n/m) (NCFC) - The Tudster, Nov 23, 15:55:45
        
        *oops London rather than Londin (n/m) (NCFC) - Financebod, Nov 23, 15:44:54
        
        Tudster - often variable rate loans are expressed as LIBOR + n% (NCFC) - Financebod, Nov 23, 15:47:34
        
        variable rate commercial loans get expressed that way (n/m) (NCFC) - Financebod, Nov 23, 15:48:13

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