Debt Facilities
Debt Facilities
Petra currently has access to the following debt facilities as agreed with its South African Lender Group:
| Item | Terms |
|---|---|
| Facility Size | ZAR1750m RCF |
| Facility Maturity | 7 January 2026 (60 day buffer between the redemption of the Notes and the maturity of the RCF) |
| Lenders Margin | 415 bps |
| Commitment Fee | 125 bps per annum |
Covenants
(Excluding Williamson trading results)
Minimum liquidity of US$ 20 million.
| FY24H1 | FY24H2 | FY25H1 | FY25H2 | FY26H1 | |
|---|---|---|---|---|---|
| Net Debt : EBITDA Leverage ratio (maximum) | 3.50 | 3.50 | 3.25 | 3.25 | 3.00 |
| Interest Cover Ratio (minimum) | 2.50 | 2.50 | 2.75 | 2.75 | 3.00 |
