Owners Financials (1 Viewer)

Sky Blue Pete

Well-Known Member
No specific mention no in the SISU accounts From the Otium accounts you can estimate the percentage rates. One of the loans (£6m) attract interest at 19.5% APR another £1.8m at 11.4% APR and a third £1.2m at 14.8% APR. Interest added to the debt each year so far

last figure available on size of Otium & SBS&L debts was in the 2018 accounts.
SBS&L owed £28.54m with no interest accruing
Otium/CCFC owed £8.9m capital with a further amount of unpaid interest accumulated of £7.17m total £16.07m
Screwed on the face of it
 

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