could you, please, explain why total additional funds available to Nubo Co is $399.6? isn’t it should be $300.6 m.? as proportion of assets remaining within Nubo Co is $201.6 m + extra cash generated $99m and these two equal to $300.6m.
The 300.6 million is the debt capacity, which the company can borrow. If they borrow the 300.6 million, then the company will have 300.6 million plus the cash of 99 million which is 399.6 million.