The maturity of each facility is two years from the date of closing. Each facility will bear interest at a rate of 8% per annum, with interest on the initial draw of $50 million paid in kind for the first three months
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Authors
Denis Omelchenko
Related projects
Bitfarms
Macquarie Group
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Macquarie’s loan to Bitfarms is structured in tranches, each has a two-year maturity and an 8% annual interest rate, with the initial interest paid in kind for three months
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