Page 5 - How do I manage Interest Payment Dates and Mandatory Redemptions
P. 5
Managing Interest and Payment Dates & Mandatory Redemptions
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4. The date that you searched for opens the Period End Date automatically.
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5. Scroll to the bottom of the page to click the Expand button to open the Add Principal
Paydown/Drawdown group box.
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6. Click the Payment Type dropdown to select the Principal Payment Type option.
There are 2 options: Paydown and Drawdown:
a. Paydowns decreases the Deal principal via payment
b. Drawdowns increases the Deal principal via deposit (e.g. Line of Credit)
Emory will mostly use Paydowns for redemptions.
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7. Click the Payment Date field and enter the effective date of the paydown. This will be the
date of the principal payment.
8. Click the Principal Amount field and enter the amount.
Do Not add a sign (+ -) as this number field must be in Absolute Number format.
After saving, Paydowns will add a negative number to the cashflows of the deal decreasing the outstanding principal
amount
Page 5 of 7
Emory Confidential and Proprietary Last Revised on 2/8/2018 Return to Table of Contents
