---
title: "DipInterestRate"
url: "https://console.9fin.com/apis/distressed-api/versions/6f7fc866-4490-4486-90ea-393120603830/schemas/DipInterestRate"
---

> Full API specification: https://console.9fin.com/apis/distressed-api/versions/6f7fc866-4490-4486-90ea-393120603830.md

# DipInterestRate

Interest rates on the facility. A facility may price several rates.

## OpenAPI definition

```yaml
openapi: 3.1.0
info:
  title: 9fin Distressed API
  version: 0.1.11
components:
  schemas:
    DipInterestRate:
      description: Interest rates on the facility. A facility may price several rates.
      properties:
        base_rate:
          anyOf:
            - type: string
            - type: "null"
          description: Base rate.
          title: Base Rate
        floor:
          anyOf:
            - type: number
            - type: "null"
          description: Value as a percentage.
          title: Floor
        pik_or_cash:
          anyOf:
            - type: string
            - type: "null"
          description: PIK or cash interest indicator.
          title: Pik Or Cash
        spread:
          anyOf:
            - type: number
            - type: "null"
          description: Value as a percentage.
          title: Spread
      title: DipInterestRate
      type: object
```