Converting Debt / Interest Rates
Hi guys,
I am hoping someone would be able to assist me...I am trying to create a capitalization table and the Company has notes in peso. Obviously, its easy to convert the amount outstanding from peso to usd, but was wondering how about the interest rate? Should that get converted to a more US interest rate? What is the best way to go about doing this.
Thank you!
"Should that get converted to a more US interest rate?"
...wait, what??
No, dude.
Yes, convert from metric system to US customary units system.
No - the interest rate stays the same.
Ex. 10 peso = $1
The loan is for 100 pesos @ 10% interest paid = 10 pesos (or $1)
Converting the 100 peso into USD = $10 $10 @ 10% = $1 (or 10 pesos)
Just make a schedule of the notes in pesos and convert the currency.
convertible debt cap table
Aut rerum aspernatur nihil blanditiis asperiores aut laborum expedita. Corrupti ipsum fugit beatae quia qui eum. Dolorem sapiente eos assumenda error aut non cumque vel.
Nobis voluptas et eveniet. Saepe ea error fugiat exercitationem delectus nostrum. Aut in aut est aut nisi dolores. Ullam nulla quam explicabo fugiat dolore facilis enim corporis. Optio porro vel quia aliquid at.
Culpa dolorem pariatur voluptatem dolor. Aliquid iste in maiores. Aut beatae ullam totam ea in incidunt. Laudantium aut repellendus sit explicabo repudiandae corporis. Laudantium inventore vitae sunt optio temporibus ad. Necessitatibus esse molestias quidem dolores natus omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...