Yinson Annual Report 2021

278 YINSON HOLDINGS BERHAD SECTION 07 : ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 32. Loans and borrowings (continued) (a) The secured loans and borrowings of the Group and of the Company are secured by certain assets of the Group as disclosed in Notes 16, 17, 26 and certain of the Group's vessels under finance lease arrangements. (b) Except for a term loan of RM397 million which is guaranteed by both the Company and an external party, all other unsecured loans and borrowings of the subsidiaries are guaranteed by the Company. (c) The revolving credits at floating interest rate bear interest at range of 2% to 3.44% (2020: 3.30% to 5.17%) per annum. (d) The term loans at floating interest rates bear interest at range of 2.43% to 4.90% (2020: 4.57% to 6.46%) per annum. (e) The term loan denominated in Indian Rupee ('INR") bears interest of 10.5% per annum in the current financial year. The interest rate is reset automatically and annually.