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A large company is considering taking out a syndicated loan of A$100m, at BBSW +...
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A large company is considering taking out a syndicated loan of A$100m, at BBSW + 200bps, 1% upfront fee, 50bps commitment fee on undrawn. If A$50m drawn, BBSW currently is 4%, what is the approximate effective cost of the loan for Year 1?
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