The tenor of the loan is likely to be five years. It may be priced 110-120 basis points above the Secured Overnight Financing Rate (SOFR), the benchmark that replaced Libor. The deal is expected to be sealed in the next few weeks.
How to Calculate Dividend Yield: A key metric for income investors
The dividend yield ratio helps investors assess income from dividends relative to stock price, indicating financial health and potential risks. High yield can signal risk,