fac-026 · Trade finance

Solvent Energie SA

Facility

Trade finance

Currency: EUR
Commitment: €75.8m
Drawn: €52m
Undrawn: €23.8m
EAD: €56.7m
CCF: 20%
Margin: 450 bps
Maturity: 13 March 2028
Tenor: 23 months

Covenant monitoring

0 breached, 0 within 10% of the threshold

DSCR

Direction: MinimumThreshold: 1.17Current: 1.31Next test: 30 Jun 2026Quarterly

Collateral

Net of supervisory haircuts

Collateral

Currency

Valuation

Valuation (EUR)

Haircut

Net value

Last valued

Basis

Securities

EUR

€48.9m

20%

€39.1m

28 Dec 2024

Mark to market

Equipment

EUR

€54.6m

38%

€33.6m

23 Jan 2025

Independent appraisal

Total

€72.7m

Tenor

23 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

€75.8m

€52m

€23.8m

n/a

69%

2026-Q2

€75.8m

€52m

€23.8m

€0

69%

2026-Q3

€75.8m

€52m

€23.8m

€0

69%

2026-Q4

€75.8m

€52m

€23.8m

€0

69%

2027-Q1

€75.8m

€52m

€23.8m

€0

69%

2027-Q2

€75.8m

€52m

€23.8m

€0

69%

2027-Q4

€75.8m

€52m

€23.8m

€0

69%

2028-Q1

€0

-€52m