fac-034 · Revolving credit

Nordkap Grocers AB

Facility

Revolving credit

Currency: EUR
Commitment: €58.7m
Drawn: €41.3m
Undrawn: €17.4m
EAD: €48.3m
CCF: 40%
Margin: 270 bps
Maturity: 20 August 2028
Tenor: 28 months

Covenant monitoring

0 breached, 0 within 10% of the threshold

DSCR

Direction: MinimumThreshold: 1.33Current: 1.62Next test: 30 Jun 2026Quarterly

ICR

Direction: MinimumThreshold: 2.4Current: 3.2Next test: 30 Jun 2026Quarterly

Net lev.

Direction: MaximumThreshold: 4.05Current: 2.1Next test: 30 Jun 2026Quarterly

Collateral

Net of supervisory haircuts

Collateral

Currency

Valuation

Valuation (EUR)

Haircut

Net value

Last valued

Basis

Inventory

EUR

€66.5m

44%

€37m

4 Jul 2025

Independent appraisal

Total

€37m

Tenor

28 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

€58.7m

€41.3m

€17.4m

n/a

70%

2026-Q2

€58.7m

€41.3m

€17.4m

€0

70%

2026-Q3

€58.7m

€41.3m

€17.4m

€0

70%

2026-Q4

€58.7m

€41.3m

€17.4m

€0

70%

2027-Q1

€58.7m

€41.3m

€17.4m

€0

70%

2027-Q2

€58.7m

€41.3m

€17.4m

€0

70%

2028-Q2

€58.7m

€41.3m

€17.4m

€0

70%

2028-Q3

€0

-€41.3m