SIV 0.00% 15.0¢ siv capital limited

Ann: Preliminary Final Report, page-7

  1. 59 Posts.
    lightbulb Created with Sketch. 4
    Thanks for the good insights.

    On the covenant question you raised, the SIV equivalent AXL has the following covenants over a recent debt issue:
    - Maximum Debt to Receivables Ratio (85%)
    - Interest Cover Ratio Not less than 2.0 times
 
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