Moore-Mcneil Case Project

The Life time value of a customer who did not use auto-pay is $1361.87 (LTV net of acquisition costs= $1064. 87)

For option with refinance, I completed similar calculations as in options 1 and 2. However, for the first 5 years the payment was as in option 1. Then, I calculated new payment for years 11-15 by using ending balance after 60 months as new loan amount; I used APR of 4.25% compounded monthly. Then, I found present values of tax savings. In this case, present time is after 60 month in house. When

g. The $15,000 long-term note is an 8%, 5-year, interest-bearing note with interest payable annually on December 31. The note was signed with First National Bank on December 31, 2011.

at the end of 2015, it should be amortized over 10 years. The amount of

SUMMARY Several influential industry reports have pointed out that a decline in construction quality and productivity could be attributed to the performance of subcontractors who are entrusted to complete the actual works, yet subcontractor performance appraisal is a much neglected subject in construction. To facilitate subcontractor registration, management and/or selection, an equitable and reliable subcontractor performance appraisal would be indispensable. Being regarded as a reliable and practical means for performance evaluation, the balanced scorecard

SFS Energy Finance Americas (“SFS EF AM”) requests the approval to commit up to $100 million to the proposed refinancing of the existing Term Loan of Calpine Steamboat Holdings, LLC (“Steamboat” or the “Borrower”). The Borrower plans to raise about $465.0 million in the new Term Loan (the “Term Loan”) to repay about $195.0 million of the remaining senior-secured term loan as well as partially reimburse Calpine Corporation (“Calpine”) (B+/Ba3/B+; SFS Equivalent 7+) for the acquisition related costs of the Morgan Energy Center (the “MEC”). The MEC is 809 MW combined cycle facility in Decatur, Alabama. The refinancing will release the Mankato Plant (375 MW contracted facility in Minnesota) from the collateral agreement and replace it with the MEC as the collateral. In addition, the new term will extend the maturity of the new Term Loan by six years with an expected balloon at the maturity of about $126.6 million (27.2% / $120.56/kW). The balloon payment under the previous financing was about $356 million or about $578/KW. The new Term Loan maturity is the earlier of 9 years from the Closing or December 31, 2025. The Borrower also owns Freeport Energy Center (the “FEC”) – a 241 power generating facility in Freeport, Texas, and the lenders will have a first priority security interest in substantially all real and personal property and assets of these projects (FEC and MEC).

The disadvantages of this funding are the cost of issuance is the highest of the three choices ($725,250.000). The bonds are not recallable before eight years. The face value of the bonds has to be repaid to lender at

Option 1. This option raised the $200 million with a conventional 4% par value, term bonds that pay interest annually interest on December 31 for the next 10 years. This is the least expensive option as the total cost will be $280 million. $80 million over 10 years of interest expense and $200 million on 12/31/2018 for the bonds re-payment (payable). This option requires Lightpoint to pay $8 million

Alongside other criteria, financial specialists assume acknowledgment evaluations into a record to help deal with their portfolios. A rating minimize demonstrates a more serious hazard for the loan specialist. Contingent upon the affectability of the market, speculators may require a higher come back to ensure against this hazard, which thusly raises financing costs for the borrower.

The Analyst recommends maintaining the Project’s 4- rating. The assigned rating reflects cash flow stability and visibility from a long-term PPA with an investment grade off-taker, expectations that the Term Loan will fully amortize by the maturity date, and a slightly weak operating profile given higher than the normal equipment failure rate.

The LSA has credit support from Shell and supports the risk designation as “Clearly better”.

Procurement, by definition, is a collaboration of merging activities which ultimately lead to something or a service being acquired. (City of London, What is Procurement [online], available from

SFS Energy Finance Americas (SFS EF AM) requests the approval to commit up to CA$50.0 million (US$37.6 million) to Tems Sayamkwu LP’s (TSLP) CA$198 million (approximately US$149 million) fixed rate Construction/Term Loan (the “Term Loan”). The initial tenor of the Term Loan is seven years (initial maturity date: Nov. 2025) with about CA$176.5 million or 89% of balloon requiring refinancing. The debt financing also includes a CA$13 million line of credit facility and SFS EF AM will not participate in the LC facility.

The payback period for the loan would be within five years but could be paid off sooner. The discount rate used was a 10% rate which was chose to show the require investments rate of return. Attached below is our company’s investment information.

Since the nature of business as well as leverage level of Banks is different from that of other borrowing clients, the need for a separate Credit Risk Grading Manual has been felt. Keeping this in mind and with a view to properly risk rate a