fac-058 · Term loan

Kilnmore Rail Ltd

Facility

Term loan

Currency: EUR
Commitment: €75.2m
Drawn: €62.9m
Undrawn: €12.3m
EAD: €69.1m
CCF: 50%
Margin: 125 bps
Maturity: 8 October 2028
Tenor: 30 months

Covenant monitoring

0 breached, 0 within 10% of the threshold

Net lev.

Direction: Maximum Threshold: 4.15 Current: 3.55 Next test: 30 Jun 2026 Quarterly

ICR

Direction: Minimum Threshold: 2.31 Current: 3.58 Next test: 30 Jun 2026 Quarterly

Collateral

Net of supervisory haircuts

Collateral

Currency

Valuation

Valuation (EUR)

Haircut

Net value

Last valued

Basis

Equipment

EUR

€86.8m

47%

€45.9m

26 Oct 2025

Internal model

Total

€45.9m

Tenor

30 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

€75.2m

€62.9m

€12.3m

n/a

84%

2026-Q2

€67.7m

€56.6m

€11m

-€6.3m

84%

2026-Q3

€60.2m

€50.4m

€9.8m

-€6.3m

84%

2026-Q4

€52.6m

€44.1m

€8.6m

-€6.3m

84%

2027-Q1

€45.1m

€37.8m

€7.4m

-€6.3m

84%

2027-Q2

€37.6m

€31.5m

€6.1m

-€6.3m

84%

2028-Q2

€7.5m

€6.3m

€1.2m

-€25.2m

84%

2028-Q3

€0

-€6.3m