Indicative
Ref: WCG-TS-INFRASTRUCTURE
Indicative Term Sheet
Infrastructure Funding
| Borrower | [Concession Co.] S.A. |
|---|---|
| Lender / Arranger | Westford Capital Group |
| Facility | Infrastructure Funding |
| Facility amount | Up to USD 150,000,000 |
| Tenor | Up to 30 years |
| Pricing | SOFR + 3.25% (indicative), step-up after year 15 |
| Fees | Arrangement 1.25%; agency USD 50,000 p.a. |
| Security | Assignment of concession rights, accounts and insurances |
| Repayment | Sculpted; 3-year grace |
| Conditions precedent | Concession effective; Lenders' direct agreement; E&S action plan |
| Governing law | State of North Carolina, USA (or as agreed) |
| Validity | 30 days from date of issue |
This indicative term sheet is non-binding and subject to due diligence, credit approval and definitive documentation.