fac-022 · Revolving credit

Petrel Renewables Oy

Facility

Revolving credit

Currency: EUR
Commitment: €22.9m
Drawn: €10.6m
Undrawn: €12.3m
EAD: €15.5m
CCF: 40%
Margin: 250 bps
Maturity: 18 January 2028
Tenor: 21 months

Covenant monitoring

0 breached, 1 within 10% of the threshold

DSCR

Direction: Minimum Threshold: 1.21 Current: 1.31 Next test: 30 Jun 2026 Quarterly

Collateral

Net of supervisory haircuts

Collateral

Currency

Valuation

Valuation (EUR)

Haircut

Net value

Last valued

Basis

Equipment

EUR

€25.2m

46%

€13.6m

19 Jan 2026

Independent appraisal

Total

€13.6m

Tenor

21 months

Quarter

Commitment

Drawn

Undrawn

Δ Drawn

Utilisation

2026-Q1

€22.9m

€10.6m

€12.3m

n/a

46%

2026-Q2

€22.9m

€10.6m

€12.3m

€0

46%

2026-Q3

€22.9m

€10.6m

€12.3m

€0

46%

2026-Q4

€22.9m

€10.6m

€12.3m

€0

46%

2027-Q1

€22.9m

€10.6m

€12.3m

€0

46%

2027-Q2

€22.9m

€10.6m

€12.3m

€0

46%

2027-Q3

€22.9m

€10.6m

€12.3m

€0

46%

2027-Q4

€0

-€10.6m