It's not that simple...
WWWW just got the loan, 650m right now, 150m option. It was used to buy Network Solutions end of last year. NetSol had 300m in debt already which was replaced by a chunk of this.
The loan is for 6 years. The numbers you posted above is EBITDA _prior_ to buying NetSol. Consolidated quarterly EBITDA is roughly 40M.
40*4*6 = 960m, plenty of money to pay back the loan in time.
FFN on the other hand, has an outstanding loan of 460m. A big chunk of that is due this and/or next year!
The EBITDA for FFN you posted is also not correct. Their EBITDA was 4.4m Q1 2012! Even their adjusted EBITDA, which means nothing, was only 13m for that period. Even if they can get it back up to 22m per quarter as it was last year, tat means only 88m per year in EBITDA..
Hardly enough cashflow to support their 460m loan that's about to come to an end!
So clearly, those two companies are not even close to the same.
Disclaimer: Any information given here is not meant investment advice but simply my own opinion on public information available!
