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Category > Business & Finance Posted 22 Jul 2017 My Price 11.00

Grupo Milano Grupo Milano is 3 multinational manufacturer

Grupo Milano Grupo Milano is 3 multinational manufacturer of small gasoline-generator motor scooters located in Irak Most of in cash flow is generated in cures. Grupo Milano wishes to access the international debt markets for: short-term capital„ which it hopes will be cheaper than the bank credit it has been using for many years. If Grupo Milano issues a total principal of €400,000,000 in Euro-commercial paper (ECI'l at a discount, with the following characteristic-s, what are the total proceeds to Grupo Milano of the following issues?

Issue

Notional Principal

Yield

90-day FCP

€250,000,000

7.40%

180-day ECP

€150,000,000

7.80

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Status NEW Posted 22 Jul 2017 12:07 PM My Price 11.00

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