A total of $160,000,000 is to be issued in two parts: $70,000,000 for remaining integration capital work to be priced and issued in August 2022 with an average annual debt service of $5,359,825.95 over 20 years, and the second part of $90,000,000 to fund the Partial Requirements Settlement Payment to be priced and issued in April 2023, with a $6,945,612.20 annual debt service payment over 20 years. Together, this would increase our annual debt service by $12,305,438.15. |