Indicative
Ref: WCG-TS-PROJECT-FINANCE
Indicative Term Sheet
Project Finance
| Borrower | [Project SPV] Ltd. |
|---|---|
| Lender / Arranger | Westford Capital Group |
| Facility | Project Finance |
| Facility amount | Up to USD 85,000,000 senior secured |
| Tenor | 18 years incl. 30-month construction period |
| Pricing | SOFR + 3.75% (indicative) |
| Fees | Arrangement 1.5%; commitment 0.75% on undrawn |
| Security | Share pledge, assignment of project contracts and accounts |
| Repayment | Sculpted to forecast CFADS after grace period |
| Conditions precedent | Financial close model audit; Permits in place; Equity first |
| 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.