exposure in its US dollar debt? (6 marks) 4. How would you assess whether the proposed swap in the case (see case Exhibi
Posted: Thu May 19, 2022 12:25 am
- Exposure In Its Us Dollar Debt 6 Marks 4 How Would You Assess Whether The Proposed Swap In The Case See Case Exhibi 1 (6.33 KiB) Viewed 46 times
- Exposure In Its Us Dollar Debt 6 Marks 4 How Would You Assess Whether The Proposed Swap In The Case See Case Exhibi 2 (40.78 KiB) Viewed 46 times
Principals US$25,000,000 CA$35,600,000 Coupon rates: 7.125% on US$ principal 8.875% on CA$ principal Coupon frequency Half coupon rate, paid semi-annually First settlement date: September 15, 2003 March 15, 2008 Last settlement date: Date September 15, 2003 March 15, 2004 September 15, 2004 March 15, 2005 September 15, 2005 March 15, 2006 September 15, 2006 March 15, 2007 September 15, 2007 March 15, 2008 SWAP CASH FLOWS SaskPower Will Receive SaskPower Will Pay US$890,625 CA$1,579,750 US$890,625 CA$1,579.750 US$890,625 CA$1,579,750 US$890,625 CA$1,579.750 US$890,625 CA$1,579,750 US$890,625 CA$1,579,750 US$890,625 CA$1,579,750 US$890,625 CA$1.579.750 US$890,625 CA$1,579.750 US$890,625 + US$25,000,000 CA$1,579,750 + CAS35,600,000 Source: Company documents