RE: Re:

what interest rate is currently on the art loan ? when does it raise and to what hope you are well

One-month LIBOR + 125. We are in negotiations to improve the terms, which might affect the rate. Even if we improve the terms, unclear what the rate will be. We are arguing over that now. I think they want an extra 25 bps. We're offering 10 bps, or maybe 0.

The loan is a two year loan that keeps getting renewed. Currently matures 7/31/19. The rate formula does not change over the course of the loan.

All good here. Hope you're the same.

latest total?

850

sorry total rate. ? total cost for the year?

LIBOR varies a little every day. Right now, 1 month LIBOR is 2.08%. So L + 125 is 3.33%. If we have $850MM outstanding for the next year, and LIBOR doesn't change, we would pay is about $28.3MM. I didn't factor in 360 day year calculations. Just simple arithmetic.

Is that what you are asking?