EVS - ChargeCode - Brief Title - d mmm yyyy
The SPV leveraged the 70 million pounds equity 3.36 times to raise a debt of 235 million pounds, to finance the deal. The entire debt amount of 235 million pounds comprised 4 tranches (A, B, C and D) whose tenure varied from 7 years to 9.5 years, with a coupon rate of around 11% which was 424 basis points above LIBOR. ................
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