Q2

Loan Amount (EURO) 80,000,000

No of year 3
Int rate 6.25%
PMT per year $30,067,319.46

Loan Amortization ( In EURO)

Year BB PMT
1 80,000,000 $30,067,319.46
2 $54,932,681 $30,067,319.46
3 $28,298,654 $30,067,319.46

0 1
Forecast FX rate ( USD/EUR) 1.3460 1.3056

EUR Payment
Int payment 5,000,000
Principal Payment 25,067,319

USD Payment
Int payment 6,528,100
Principal Payment 32,728,394

Total Payment (USD) (107,680,000) 39,256,494

Cost of debt ( in USD) 3.062%

After tax Cost of Debt ( In USD) 2.021%

Int Princ Repayment EB
5,000,000 $25,067,319.46 $54,932,681
3,433,293 $26,634,026.93 $28,298,654
1,768,666 $28,298,653.61 $0

2 3
1.2665 1.2285

3,433,293 1,768,666
26,634,027 28,298,654

4,348,098 2,172,731
33,730,701 34,763,703

38,078,799 36,936,435