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Showing contexts for: LIBOR in Sahara India Real Estate Corp.Ltd. vs Securities & Exch.Board Of India on 22 July, 2014Matching Fragments
"2) Amounts outstanding under the Sahara Group Loans as at 02 June 2014 A. Amounts outstanding under the Sahara Group Loans as at 02 June 2014 are:
As at 02 June GHH Loan Plaza/Dream
2014 Loan
Loan #289,750,000.0 US$427,241,303.00
outstanding
balance
Accrued #985,469.20 US$244,036.67
Interest
Prepayment #2,897,500.00 $8,544,826.07
Fee
Libor Breakage Approximately Approximately
Costs #11,873,16, #9,740.96, final
final amount to amount to be
be confirmed at confirmed at the
the prepayment prepayment date
date
Legal Fees Approximately Approximately
#15,000 final #15,000, final
amount to be amount to be
confirmed at confirmed at the
the prepayment prepayment date
date
Please note that the exact amounts required to prepay the Sahara Group Loans will depend on when the prepayment is made. Whilst the above numbers are accurate as at 2 June 2014 (Except that the Libor Breakage Costs and Legal fees are estimates), they are subject to change."
5. The Bank of China has also, in the same communication, confirmed that valuation reports were instructed and accepted by the Facility Agents for loan security purposes in regard to the three properties in question. The bank says :