Example of a Fixed-for-Floating Swap . Suppose Company X carries a $100 million loan at a fixed rate of 6.5%. Company X expects that the general direction of interest rates over the near or ...

Based on Americold’s current credit ratings, the total fixed interest rate is 4.70%. The swap is effective as of September 23, 2022, and it matures December 29, 2023.

The Company entered into an interest rate swap on the CAD 250 million Canadian term loan A-2 facility. Based on Americold’s current credit ratings, the total fixed interest rate is 4.54%.