Originally Posted by
DoNoHarm
Was that the interest payment that was actually due, or did they pay future interest now? (I know the answer to this, do you?).
It is easy to move payments between quarters to show either massive losses, massive gains, or what is essentially breaking even. That is what you see here.
That is not the interest that is due every quarter, it shows the interest that they paid this quarter. The actual interest could be significantly more or less than this.
Oh, and what happens if you pay the interest for the next several quarters now, and then pay the principal early?
It's simple math. Debt principal * effective interest rate. It's over a billion dollars p.a.
If they prepaid interest, it's not a significant amount.