OverviewTransportAlcyon Shipping Ltdfac-061
fac-061 · Revolving credit
Alcyon Shipping Ltd
Facility
Revolving credit
- Currency
- AED
- Commitment
- AED 46.8m
- Drawn
- AED 25.7m
- Undrawn
- AED 21.1m
- EAD
- €8.6m
- CCF
- 40%
- Margin
- 520 bps
- Maturity
- 25 October 2026
- Tenor
- 6 months
Covenant monitoring
0 breached, 0 within 10% of the threshold
ICR
Direction: Minimum
Threshold: 2.46
Current: 2.72
Next test: 30 Jun 2026
Quarterly
Collateral
Net of supervisory haircuts
Collateral
Currency
Valuation
Valuation (EUR)
Haircut
Net value
Last valued
Basis
Equipment
AED
AED 43.5m
€10.9m
49%
€5.5m
22 Jan 2025
Internal model
Equipment
AED
AED 29.4m
€7.4m
33%
€4.9m
17 Nov 2025
Independent appraisal
Total
€10.4m
Quarter
Commitment
Drawn
Undrawn
Δ Drawn
Utilisation
2026-Q1
AED 46.8m
AED 25.7m
AED 21.1m
n/a
55%
2026-Q2
AED 46.8m
AED 25.7m
AED 21.1m
AED 0
55%
2026-Q3
AED 0
AED 0
AED 0
-AED 25.7m
0%