Investor
Member of DD Central
Posts: 662
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Post by Investor on Sept 8, 2015 18:11:58 GMT
Hi All Those of you eligible for cashback on the new aircraft loan, it has been calculated and you should all have it credited by the end of the week. Regards Ablrate Just for clarity, this post is from Ablrate, not ablrateandy. Please refer to other threads where there are translations available for the line 'the end of the week', these have been translated from ablrateandy into English for your convenience.
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Post by superfluid on Oct 26, 2016 15:35:45 GMT
Hi -
This may be a stupid question but what does this mean from the proposal doc: "P****** are releasing some equity in order to fund further transactions, but remain in the
transaction with 50% of the residual value of the aircraft belonging to P****** A******* I********* ** L** along with a return of the $1,250,000 they have in the transaction"?
It sounds like they bought the aircraft for approx $7mm, using $1.25mm of their own equity and the rest debt from a bank (= $5.75mm I suppose). And the 3 loans from ablrate are financing on their equity so basically a mezzanine slice of the aircraft, is that correct?
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