"I believe you figured the $38,000 per day using only the 1% and not the total ...". You are right.

Moving forward as of the posting of iffy's "Court stuff" if the debt is " TOTAL: $1,386,663,586.22" then interest at 1% compounded annually is $37,990.78/d. Next year it will be $38,370.69 and so on.

"at a rate of the 6-month average U.S. Dollar LIBOR plus 1%,.."  I did not include this. If it has value then it should be included. But I don't think it would be $85,500/d/ Thanks for bring it up.