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  • Loan fee confusion.

    Optimistic Nut

    By Optimistic Nut

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    Sorry not sure if this is a bug or I just need help explaining, but what does this mean?

     

    Optional fee = £7.25m

    Instalments (12 months) = 12.75m (2 instalments)

     

    Should it not be one or the other?

    image.png.8984ef1e8b51fb16435a5b8fdc3b1051.png

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    • SI Staff
    Zachary Whyte

    Hi, in this case the loan deal includes an outright optional fee of £7.25m. Which if activated would include two 12 monthly instalments that total to £12.5m.

    I agree, it's slightly confusing but the total fee here if the optional future fee is triggered will be £20m in the end.

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