fac-060 · Revolving credit

Alcyon Shipping Ltd

Facility

Revolving credit

Currency: AED
Commitment: AED 125.4m
Drawn: AED 74.3m
Undrawn: AED 51.1m
EAD: €23.7m
CCF: 40%
Margin: 560 bps
Maturity: 26 June 2028
Tenor: 26 months

Covenant monitoring

3 breached, 0 within 10% of the threshold

Net lev.

Direction: MaximumThreshold: 3.73Current: 4.8Next test: 30 Jun 2026Quarterly

DSCR

Direction: MinimumThreshold: 1.23Current: 0.9Next test: 30 Jun 2026Quarterly

ICR

Direction: MinimumThreshold: 2.19Current: 2.08Next test: 30 Jun 2026Quarterly

Collateral

Net of supervisory haircuts

This facility is unsecured

Tenor

26 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

AED 125.4m

AED 74.3m

AED 51.1m

n/a

59%

2026-Q2

AED 125.4m

AED 74.3m

AED 51.1m

AED 0

59%

2026-Q3

AED 125.4m

AED 74.3m

AED 51.1m

AED 0

59%

2026-Q4

AED 125.4m

AED 74.3m

AED 51.1m

AED 0

59%

2027-Q1

AED 125.4m

AED 74.3m

AED 51.1m

AED 0

59%

2027-Q2

AED 125.4m

AED 74.3m

AED 51.1m

AED 0

59%

2028-Q1

AED 125.4m

AED 74.3m

AED 51.1m

AED 0

59%

2028-Q2

AED 0

-AED 74.3m