OverviewRetail tradeFairhaven Retail Groupfac-029
fac-029 · Revolving credit
Fairhaven Retail Group
Facility
Revolving credit
- Currency
- EUR
- Commitment
- €79.7m
- Drawn
- €56.6m
- Undrawn
- €23.1m
- EAD
- €65.9m
- CCF
- 40%
- Margin
- 315 bps
- Maturity
- 7 December 2027
- Tenor
- 20 months
Covenant monitoring
0 breached, 1 within 10% of the threshold
DSCR
Direction: Minimum
Threshold: 1.16
Current: 1.22
Next test: 30 Jun 2026
Quarterly
ICR
Direction: Minimum
Threshold: 3.44
Current: 4.05
Next test: 30 Jun 2026
Quarterly
Collateral
Net of supervisory haircuts
Collateral
Currency
Valuation
Valuation (EUR)
Haircut
Net value
Last valued
Basis
Receivables
EUR
€95.5m
€95.5m
24%
€73m
8 Dec 2024
Internal model
Inventory
EUR
€73.8m
€73.8m
44%
€41.4m
23 Mar 2025
Independent appraisal
Total
€114.4m
Quarter
Commitment
Drawn
Undrawn
Δ Drawn
Utilisation
2026-Q1
€79.7m
€56.6m
€23.1m
n/a
71%
2026-Q2
€79.7m
€56.6m
€23.1m
€0
71%
2026-Q3
€79.7m
€56.6m
€23.1m
€0
71%
2026-Q4
€79.7m
€56.6m
€23.1m
€0
71%
2027-Q1
€79.7m
€56.6m
€23.1m
€0
71%
2027-Q2
€79.7m
€56.6m
€23.1m
€0
71%
2027-Q3
€79.7m
€56.6m
€23.1m
€0
71%
2027-Q4
€0
€0
€0
-€56.6m
0%