Acme Corporation enter into a 5-year $1.600,000,000.00 term loan with JP Mortan bank on Pamuary 1.2020. JP Morgan is the lead with 50% and has syndicated thic risk of the remaining turun debt as follows: 204 PNC 2011 Wells Fargo 10 Destice 1. interest is calculated quarterly and is based on 3 month LIBOR plus a spread, which is based on the company's credit rating. The spread ranges from 100 BPS 10 35001S. If one is to S&P AAA the spread is 100 BPS. Ifit is rated less than S&PAAA, the spread is 350 BPS Loan interest is calculated ACT/360 with the first payment due Mach 3 2020 nod dubie punt quarterly payments on the last day of each quarter Principal payments are based on the follow schedule 5200.000.000 do 30 2030 5200.000.000 6362031 $300.000.000 10.2012 5400.000.000 de 6/30/2023 5500.000.000 de 70/2024 S1.200.000.000 Tocal 3 month LIBOR is the following at each date: 2019-06-30 231988% 2019-09-30 2.08513 2020-01-01 1.908389 2020-03-31 1.45050 2020-06-30 0.30200% 2020-09:30 0.2338896 Acme S&P Credit Rating 2019.06-30 AAA 2019-09-30 AAA 2020-01-01 A 2020-03-31 BBB 2020-06-30 BBB 2020-09-30 On 3/31/2020 you enter into a floating for fixed interest rate swap with CitBlack and the swap term begins the same day. Your mid-market fixed swap rate is 1.45050% alan What are the swap cash flows between CitBank and Acme on 6/30/20207 Is Acne at the money in the money or out of the money on the swap What are the swap cash flows between Bank and Acme on 9/30/2020? Is Acme at the money in the money or out of the money on the wap? What are the swap cash flows between citank and Acme on 12/31/20207 Is Acme at the money in the money or out of the money on the swap? Acme Corporation enter into a 5-year $1.600,000,000.00 term loan with JP Mortan bank on Pamuary 1.2020. JP Morgan is the lead with 50% and has syndicated thic risk of the remaining turun debt as follows: 204 PNC 2011 Wells Fargo 10 Destice 1. interest is calculated quarterly and is based on 3 month LIBOR plus a spread, which is based on the company's credit rating. The spread ranges from 100 BPS 10 35001S. If one is to S&P AAA the spread is 100 BPS. Ifit is rated less than S&PAAA, the spread is 350 BPS Loan interest is calculated ACT/360 with the first payment due Mach 3 2020 nod dubie punt quarterly payments on the last day of each quarter Principal payments are based on the follow schedule 5200.000.000 do 30 2030 5200.000.000 6362031 $300.000.000 10.2012 5400.000.000 de 6/30/2023 5500.000.000 de 70/2024 S1.200.000.000 Tocal 3 month LIBOR is the following at each date: 2019-06-30 231988% 2019-09-30 2.08513 2020-01-01 1.908389 2020-03-31 1.45050 2020-06-30 0.30200% 2020-09:30 0.2338896 Acme S&P Credit Rating 2019.06-30 AAA 2019-09-30 AAA 2020-01-01 A 2020-03-31 BBB 2020-06-30 BBB 2020-09-30 On 3/31/2020 you enter into a floating for fixed interest rate swap with CitBlack and the swap term begins the same day. Your mid-market fixed swap rate is 1.45050% alan What are the swap cash flows between CitBank and Acme on 6/30/20207 Is Acne at the money in the money or out of the money on the swap What are the swap cash flows between Bank and Acme on 9/30/2020? Is Acme at the money in the money or out of the money on the wap? What are the swap cash flows between citank and Acme on 12/31/20207 Is Acme at the money in the money or out of the money on the swap
