LYCOS RETRIEVER 
Financing: Terms
built 623 days ago
The financing by PEFCO will contain twelve-year repayment terms at a fixed interest rate. The two Boeing 737-800 aircraft involved in this financing have a list price of US$146 million and are scheduled for delivery in May and November of 2008.
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The financing ... contemplates $500 million of 7-year, non-call senior unsecured notes, which will rank pari passu with existing Equistar notes. The term and revolving credit facilities will extend the maturity of Equistar's existing credit facility.
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The AHCA/NCAL and Alliance leaders said the alternative to these reform measures -- the inevitable collapse of the system under the growing weight of its outdated financing structure -- is unacceptable. The plan in its totality, they said, will reorganize the Medicaid long term care and Medicare post-acute care systems by centralizing and streamlining government services and making more private resources available to pay for care, which will benefit the consumer, provider and taxpayer alike.
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If you realize after the fact that you've gotten a bad financing deal, remember that you can always refinance. But if you do, refinance only the remainder of your term, and not its full original length.
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