Just curious where or if the revolver commitment fee should be included in the paydown waterfall.
It's out-going cash so I'm thinking it should be included, but does it come before or after the paydown of outstanding revolver balances?
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Revolver commitment fee should be thought of as an additional expense - you won't be paying down anything by paying it.
Hey SEC,
Thanks for answering. Would you recommend adding it to my projected Income statement, below the interest line?
Yes, its on the income statement. Include it in net interest
Hi. can a commitment fee be logically avoided? how?
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