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I got this from DBSV Initiation Report pg 31 (dated 14 August 2013):
Debt amortisation will not be significant. The current amortisation profile is back-ended, and initially there is no loan amortisation required till 1Q14. Even in FY14-15, loan amortisation is less than 1% p.a. and we believe the Trust will refinance the credit facilities sometime in 2015 to further stretch out the amortisation profile.
Debt amortisation will not be significant. The current amortisation profile is back-ended, and initially there is no loan amortisation required till 1Q14. Even in FY14-15, loan amortisation is less than 1% p.a. and we believe the Trust will refinance the credit facilities sometime in 2015 to further stretch out the amortisation profile.
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