Kestrel Estates NV

Obligor cp-02 · Real estate · Netherlands

Exposure at default

Quarter 2026-Q1

Exposure at default: €98.6m
Committed limit: €102.2m
Drawn: €94.9m
Undrawn: €7.3m
PD: 4.00%
LGD: 45%
Expected loss: €1.8m
Risk-weighted assets: €179.4m
RWA density: 182%

Relationship manager

P. Lindqvist

Onboarded: 24 May 2015
Last review: 8 Feb 2026
Next review: 19 Jan 2027
Band: Sub-investment grade
Facilities: 1
Group: Halden Holdings

Facility

Type

Currency

Commitment

EAD

Utilisation

Margin

Maturity

Status

Term loan

EUR

€102.2m

€98.6m

93%

385 bps

20 Jan 2028

Group: Halden Holdings
Counterparties: 2
Exposure at default: €373.7m
Expected loss: €3.1m
Risk-weighted assets: €436.7m
Weighted average PD: 1.91%