4.1.2  Funding Terms

Please detail the key funding terms of the pre and post-refinancing cases in the following table:

Element

Original Terms

Refinancing Terms

Comments

Margin 1

 

 

 

Margin 2 … etc

 

 

 

MLAs

 

 

 

Swap Credit Spread

 

 

 

Senior Debt Repayment Tail

 

 

 

DSRA / DSRF details

 

 

 

MRA details

 

 

 

Senior Debt gearing

 

 

 

Min ADSCR

 

 

 

Average ADSCR

 

 

 

Min LLCR

 

 

 

Average LLCR

 

 

 

4.1.2.1  What benchmarking or competing of the above terms has been carried out?

- against other lenders / other forms of debt (e.g. via evidence of funding competition):

- evidence of this being competed by equity investors (for example term sheets):

4.1.2.2  Detail the comparative results from funding competition in the table below, please append cells as required:

Element

Funder A

Funder B  … etc

Comments

Margin 1

 

 

 

Margin 2 … etc

 

 

 

MLAs

 

 

 

Terms, Credit Spread, etc