fac-035 · Trade finance

Nordkap Grocers AB

Facility

Trade finance

Currency: EUR
Commitment: €18.5m
Drawn: €9.5m
Undrawn: €9m
EAD: €11.3m
CCF: 20%
Margin: 275 bps
Maturity: 20 February 2027
Tenor: 10 months

Covenant monitoring

0 breached, 0 within 10% of the threshold

DSCR

Direction: Minimum Threshold: 1.38 Current: 1.85 Next test: 30 Jun 2026Quarterly

Net lev.

Direction: Maximum Threshold: 3.11 Current: 1.69 Next test: 30 Jun 2026Quarterly

Collateral

Net of supervisory haircuts

Collateral

Currency

Valuation

Valuation (EUR)

Haircut

Net value

Last valued

Basis

Inventory

EUR

€22.5m

60%

€9m

1 Oct 2025

Internal model

Total

€9m

Tenor

10 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

€18.5m

€9.5m

€9m

n/a

51%

2026-Q2

€18.5m

€9.5m

€9m

€0

51%

2026-Q3

€18.5m

€9.5m

€9m

€0

51%

2026-Q4

€18.5m

€9.5m

€9m

€0

51%

2027-Q1

€0

-€9.5m