Finance & Escrow / Applications / FA-2603

Cedar & Vale · Cedarfield Schools

Facility request for the education sector · submitted 05 Nov

Risk · LowApproved (conditional)
Transaction value
₦440M
Buyer contribution
65%
Financing requested
₦150M
DSCR
1.6x
LTV
58%
Capital structure
Buyer equity + acquisition finance + deferred + earn-out = total transaction funding
Credit score
78%
Score
Risk radar
Conditions precedent
  • Debenture registrationSatisfied
  • Proof of buyer equitySatisfied
  • Board resolutionSatisfied
  • Insurance evidenceOpen
  • Tax clearanceOpen
Decision history
  1. 1Draft06 Nov
  2. 2Analyst review09 Nov
  3. 3Credit review12 Nov
  4. 4Committee18 Nov
  5. 5Approval19 Nov