fac-028 · Term loan

Fairhaven Retail Group

Facility

Term loan

Currency: GBP
Commitment: £11.7m
Drawn: £11m
Undrawn: £663.4k
EAD: €13.3m
CCF: 50%
Margin: 290 bps
Maturity: 9 March 2031
Tenor: 59 months

Covenant monitoring

1 breached, 0 within 10% of the threshold

DSCR

Direction: Minimum Threshold: 1.36 Current: 1.33 Next test: 30 Jun 2026 Quarterly

ICR

Direction: Minimum Threshold: 2.01 Current: 2.28 Next test: 30 Jun 2026 Quarterly

Net lev.

Direction: Maximum Threshold: 2.88 Current: 2.26 Next test: 30 Jun 2026 Quarterly

Collateral

Net of supervisory haircuts

This facility is unsecured

Tenor

59 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

£11.7m

£11m

£663.4k

n/a

94%

2026-Q2

£11.1m

£10.5m

£630.2k

-£551.8k

94%

2026-Q3

£10.5m

£9.9m

£597.1k

-£551.8k

94%

2026-Q4

£9.9m

£9.4m

£563.9k

-£551.8k

94%

2027-Q1

£9.4m

£8.8m

£530.7k

-£551.8k

94%

2027-Q2

£8.8m

£8.3m

£497.5k

-£551.8k

94%

2030-Q4

£585k

£551.8k

£33.2k

-£7.7m

94%

2031-Q1

£0

-£551.8k