fac-006 · Term loan

Marchetti Immobiliare SpA

Facility

Term loan

Currency: EUR
Commitment: €28.7m
Drawn: €25.6m
Undrawn: €3.1m
EAD: €27.1m
CCF: 50%
Margin: 430 bps
Maturity: 16 May 2029
Tenor: 37 months

Covenant monitoring

0 breached, 0 within 10% of the threshold

ICR

Direction: Minimum Threshold: 2.33 Current: 2.86 Next test: 30 Jun 2026 Quarterly

DSCR

Direction: Minimum Threshold: 1.37 Current: 1.78 Next test: 30 Jun 2026 Quarterly

Collateral

Net of supervisory haircuts

Collateral

Currency

Valuation

Valuation (EUR)

Haircut

Net value

Last valued

Basis

Real estate

EUR

€31.7m

36%

€20.1m

3 Sept 2024

Internal model

Real estate

EUR

€23.8m

38%

€14.7m

6 Aug 2025

Internal model

Total

€34.9m

Tenor

37 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

€28.7m

€25.6m

€3.1m

n/a

89%

2026-Q2

€26.5m

€23.6m

€2.9m

-€2m

89%

2026-Q3

€24.3m

€21.6m

€2.7m

-€2m

89%

2026-Q4

€22.1m

€19.7m

€2.4m

-€2m

89%

2027-Q1

€19.9m

€17.7m

€2.2m

-€2m

89%

2027-Q2

€17.7m

€15.7m

€1.9m

-€2m

89%

2029-Q1

€2.2m

€2m

€241.7k

-€13.8m

89%

2029-Q2

€0

-€2m