Converting Debt / Interest Rates

BlatantTrader's picture
Rank: Monkey | 55

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!

Comments (6)

Apr 16, 2013

"Should that get converted to a more US interest rate?"

...wait, what??

No, dude.

Apr 16, 2013

Yes, convert from metric system to US customary units system.

Apr 16, 2013

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)

Apr 16, 2013

Just make a schedule of the notes in pesos and convert the currency.

Apr 10, 2015

convertible debt cap table

Apr 11, 2015