What are the anticipated OPIC fees and expenses to be paid by a Fund?
The Base Interest rate is paid to the COP holders. Separately, OPIC receives the following: • OPIC’s legal expenses to document its financing for a fund; • A facility fee on OPIC’s commitment; • A commitment fee on the undisbursed principal amount of the loan commitment; and • Annual Current Interest on the outstanding loan balance (including capitalized interest). A Fund estimating to deliver 20% returns to its investors should expect an all in cost of the OPIC product to range between 9.5% and 12%.
The Base Interest rate is paid to the COP holders. Separately, OPIC receives the following: a. OPIC’s legal expenses to document its financing for a fund; b. A one-time facility fee calculated as a small percentage of OPIC’s commitment, which defrays part of OPIC’s due diligence expenses; c. A commitment fee on the undisbursed principal amount of the OPIC commitment (paid semi-annually); and d. Annual Current Interest on the outstanding loan balance (including capitalized interest).
