The Access Group
06/30/2021
|
EBITDA Multiple
|
|||
---|---|---|---|---|
(GBP in Millions)
|
Amount
|
Maturity
|
Rate
|
Book
|
|
||||
£20M RCF
|
-
|
|
|
|
£310M Senior Facility Agreement 1
|
310.0
|
Jun-2025
|
GBP LIBOR + 4.750%
|
|
£692M Acquisition Facility 1
|
692.0
|
Jun-2025
|
GBP LIBOR + 4.750%
|
|
£405M PIK Facility 2
|
405.0
|
Jun-2025
|
10.250%
|
|
Total Secured Debt
|
1,407.0
|
10.3x
|
||
Finance Leases
|
0.5
|
|
|
|
Operating Leases
|
46.0
|
|
|
|
Total Other
|
46.5
|
10.7x
|
||
Total Debt
|
1,453.5
|
10.7x
|
||
Less: Cash and Equivalents
|
(86.3)
|
|||
Net Debt
|
1,367.2
|
10.1x
|
||
Operating Metrics
|
||||
LTM Revenue
|
317.6
|
|||
LTM Reported EBITDA
|
136.0
|
|||
|
||||
Liquidity
|
||||
RCF Commitments
|
20.0
|
|||
Plus: Cash and Equivalents
|
86.3
|
|||
Total Liquidity
|
106.3
|
|||
Credit Metrics
|
||||
Gross Leverage
|
10.7x
|
|||
Net Leverage
|
10.1x
|
|||
Notes: 1. Margin over LIBOR based on leverage. 2. Lender: Park Square Capital |
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