fac-016 · Trade finance

Belmont Tooling Ltd

Facility

Trade finance

Currency: GBP
Commitment: £48.6m
Drawn: £36.5m
Undrawn: £12.1m
EAD: €45.5m
CCF: 20%
Margin: 305 bps
Maturity: 16 January 2029
Tenor: 33 months

Covenant monitoring

0 breached, 2 within 10% of the threshold

ICR

Direction: MinimumThreshold: 2.65Current: 2.74Next test: 30 Jun 2026Quarterly

Net lev.

Direction: MaximumThreshold: 3.74Current: 3.41Next test: 30 Jun 2026Quarterly

DSCR

Direction: MinimumThreshold: 1.25Current: 1.8Next test: 30 Jun 2026Quarterly

Collateral

Net of supervisory haircuts

Collateral

Currency

Valuation

Valuation (EUR)

Haircut

Net value

Last valued

Basis

Equipment

GBP

£54.7m

€64m

48%

€33.3m

1 Nov 2024

Internal model

Total

€33.3m

Tenor

33 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

£48.6m

£36.5m

£12.1m

n/a

75%

2026-Q2

£48.6m

£36.5m

£12.1m

£0

75%

2026-Q3

£48.6m

£36.5m

£12.1m

£0

75%

2026-Q4

£48.6m

£36.5m

£12.1m

£0

75%

2027-Q1

£48.6m

£36.5m

£12.1m

£0

75%

2027-Q2

£48.6m

£36.5m

£12.1m

£0

75%

2028-Q3

£48.6m

£36.5m

£12.1m

£0

75%

2028-Q4

£0

-£36.5m