LVR covenant:
a. group level max. of 60%; In breach if lower than this
b. varies at project/asset level (refer to presentation)
ICR:
a. group level min. 2.0x
b. project level 1.3-1.7-2.0x (again varies -refer to presentation)
It's good to see the written confirmation from Investor Relations that covenants are in compliance.
Pls DYOR based on the info provided by VPG.
investor relations response re weekend afr art, page-4
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