fac-050 · Trade finance

Corvina Pharma SA

Facility

Trade finance

Currency: EUR
Commitment: €35.5m
Drawn: €23.5m
Undrawn: €12m
EAD: €25.9m
CCF: 20%
Margin: 395 bps
Maturity: 10 April 2029
Tenor: 36 months

Covenant monitoring

1 breached, 0 within 10% of the threshold

Net lev.

Direction: Maximum Threshold: 3.98 Current: 4.41 Next test: 30 Jun 2026Quarterly

DSCR

Direction: Minimum Threshold: 1.3 Current: 1.56 Next test: 30 Jun 2026Quarterly

ICR

Direction: Minimum Threshold: 3.01 Current: 4.29 Next test: 30 Jun 2026Quarterly

Collateral

Net of supervisory haircuts

This facility is unsecured

Tenor

36 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

€35.5m

€23.5m

€12m

n/a

66%

2026-Q2

€35.5m

€23.5m

€12m

€0

66%

2026-Q3

€35.5m

€23.5m

€12m

€0

66%

2026-Q4

€35.5m

€23.5m

€12m

€0

66%

2027-Q1

€35.5m

€23.5m

€12m

€0

66%

2027-Q2

€35.5m

€23.5m

€12m

€0

66%

2028-Q4

€35.5m

€23.5m

€12m

€0

66%

2029-Q1

€0

-€23.5m