Dollar Debt Issue Analysis

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What is the estimated all-in cost for the Canadian dollar debt if SaskPower had originally issued it?

9.195%

8.50% (correct)

11.671%

9.80%

How much of the $50 million debt issue was hedged by currency swaps?

$8 million

$70 million

$42 million (correct)

$75 million

What was the interest rate for the $194 million debt issue due on March 15, 2008?

9.375%

6.625%

7.375%

7.125% (correct)

When was the $100 million debt issue with an interest rate of 9.375% due to mature?

December 15, 2020 Signup and view all the answers

What is the would-be hedged all-in cost for Canadian dollar debt according to the provided information?

9.120% Signup and view all the answers

Based on the text, which debt issue had an interest rate of 8.500% and was due on July 15, 2022?

$200 million July 15, 2022 Signup and view all the answers

What was SaskPower's average all-in cost of its U.S. debt compared to the equivalent Canadian dollar debt?

17% lower Signup and view all the answers

Why did SaskPower choose to issue U.S. dollar debt instead of Canadian dollar debt?

To benefit from a lower U.S. dollar cost of servicing the debt Signup and view all the answers

What impact did the depreciation of the Canadian dollar have on the valuation of SaskPower's U.S. debt?

Increased unrealized foreign exchange losses Signup and view all the answers

What was the approximate breakeven US dollar rate for the July 20, 1993 issue?

9.06% Signup and view all the answers

What type of investors primarily held SaskPower's U.S. dollar debt?

Institutional investors Signup and view all the answers

How much of the US$75 million issued on July 15, 2013 was hedged by currency swaps?

US$75 million Signup and view all the answers

How were foreign exchange translation adjustments on SaskPower's U.S. debt handled under the Canadian accounting standard?

Amortized over the remaining term of the debt Signup and view all the answers

What was the all-in cost at issue for the US$200 million debt on July 15, 2022?

8.60% Signup and view all the answers

What characteristic did SaskPower's U.S. dollar debt have in terms of callability and convertibility?

Non-callable and non-convertible Signup and view all the answers

Which debt issue had an estimated all-in cost for CA$ debt at issue of CA$1.33?

December 20, 1990 Signup and view all the answers

On which date did SaskPower issue debt with a US$ rate at issue of 7.55%?

July 20, 1993 Signup and view all the answers

What percentage of the US$194 million issued on March 15, 2008 was hedged by coupon swaps?

38% Signup and view all the answers