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Given the following information, what is the total amount that has been drawn from the revolver? Details: Revolver: $100.0m Term: 3 years Annual commitment fee:
Given the following information, what is the total amount that has been drawn from the revolver?
Details:
Revolver: $100.0m
Term: 3 years
Annual commitment fee: 30 bps
Cash available for optional debt repayment:
Year 1: $40.0m
Year 2: $35.0m
Year 3: $32.0m
a.
Revolver remains undrawn
b.
$100.0m
c.
$107.0m
d.
$30.0m
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