fac-053 · Revolving credit

Adriatic Freight Lines

Facility

Revolving credit

Currency: EUR
Commitment: €53m
Drawn: €31.3m
Undrawn: €21.7m
EAD: €40m
CCF: 40%
Margin: 340 bps
Maturity: 21 February 2028
Tenor: 22 months

Covenant monitoring

0 breached, 0 within 10% of the threshold

ICR

Direction: Minimum Threshold: 2.17 Current: 3.06 Next test: 30 Jun 2026Quarterly

Collateral

Net of supervisory haircuts

This facility is unsecured

Tenor

22 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

€53m

€31.3m

€21.7m

n/a

59%

2026-Q2

€53m

€31.3m

€21.7m

€0

59%

2026-Q3

€53m

€31.3m

€21.7m

€0

59%

2026-Q4

€53m

€31.3m

€21.7m

€0

59%

2027-Q1

€53m

€31.3m

€21.7m

€0

59%

2027-Q2

€53m

€31.3m

€21.7m

€0

59%

2027-Q4

€53m

€31.3m

€21.7m

€0

59%

2028-Q1

€0

-€31.3m