Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    Roger, Your post 353...Long term finance is, in outline, built around 3 bond tranches, each tranche paid down over a different number of years. With the investment grading on the bonds and the consequent very low interest rates that we will have to pay, our modelling to date shows that we will be able to pay down at least one tranche over a relatively short period of time. We will then be able to "re-sell" this first tranche to the markets when new large scale investment in port infrastructure is required. Sorry that I cannot give you exact numbers at this time, not because I don't have them but because this is detailed future planning and the DHB seems to regard a proposed buyout by its main stakeholders as a hostile bid. Suffice to say that the bond re-issue in plan would generate sufficient funding to finance major port infrastructure developments.

Report Post

 
end link