Test Import Co

Test Import Co · PT · Active

Deal Pipeline

Medium Confidence

Some data gaps or assumptions — review before distributing.

Information completeness2 verified · 5 assumed · 1 pending

Assessment coverage4 criteria evaluated

Mandate Alignment

Investor Appetite

Sponsor Credibility

InvestEU Window

Data gaps (7)

TermSizingBlockingWhat is the company's EBITDA for the current year and prior 2 years (EUR)?BlockingWhat is the existing net debt on the balance sheet?BlockingWhat is the total employee headcount (current year, n-1, n-2)?BlockingWhat is the annual revenue for current year, n-1, and n-2 (EUR)?BlockingWhat is the total balance sheet for current year, n-1, and n-2 (EUR)?BlockingWho are the shareholders? Please provide: name, type (PE/VC/industrial/individual/public), and % ownership for each.

Alter5 Assessment

CONDITIONAL GO

Alter5 Fit

72/100

Investor Appeal

82/100

Headline Terms

Term	Value	Tag	Note
Tenor	3–7 years	CONVENTION	Apply with caution. Solar-specific convention not available for Portugal.
Amount	3,000,000	CONFIRMED	EUR 3,000,000 as stated by sponsor.
Sizing	—	PENDING	BLOCKING. EBITDA not provided. Cannot validate EUR 3M request. Bank capacity = EBITDA × 4.0x; Debt fund capacity = EBITDA × 5.0x. Existing net debt also required to compute headroom.
Currency	EUR	CONFIRMED	—
Pricing Bank	225–425 bps over Euribor	CONVENTION	Sector fallback. ICR minimum: 2.5x. Upfront fee: 50 bps.
Template Key	corp_standard	CONVENTION	Corporate Standard — vanilla senior loan. Switch to corp_eif if EIF eligibility is confirmed.
Pricing Debt Fund	425–850 bps over Euribor	CONVENTION	Sector fallback. ICR minimum: 2.0x. Upfront fee: 100 bps.
Eif Guarantee Structure	EIF Sustainability Portfolio Guarantee (up to 70% guarantee rate) — PENDING eligibility	CONVENTION	Max EUR 7.5M per Final Recipient. Available via EIF financial intermediaries only (Nomura, Ibercaja, China Construction Bank identified in shortlist). Subject to EIF entity category confirmation — currently PENDING.

Critical Q&A — 10 questions

What is the company's EBITDA for the current year and prior 2 years (EUR)?

BlockingStructure Financials· debt_sizing

What is the existing net debt on the balance sheet?

BlockingStructure Financials· debt_sizing

What is the total employee headcount (current year, n-1, n-2)?

BlockingEif Eligibility· eif_eligibility

What is the annual revenue for current year, n-1, and n-2 (EUR)?

BlockingEif Eligibility· eif_eligibility

What is the total balance sheet for current year, n-1, and n-2 (EUR)?

BlockingEif Eligibility· eif_eligibility

Who are the shareholders? Please provide: name, type (PE/VC/industrial/individual/public), and % ownership for each.

BlockingEif Eligibility· eif_eligibility

What is the purpose of the EUR 3M facility (capex, working capital, acquisition, refinancing)?

ImportantStructure Financials· use_of_proceeds

What is the sponsor's track record in solar development in Portugal?

ImportantSponsor Project· sponsor_credibility

What security package is available (corporate guarantee, asset pledge, share pledge, etc.)?

ImportantStructure Financials· security_package

What is the preferred tenor and repayment profile (bullet, amortising, sculpted)?

ImportantMarket Timeline· tenor

Analysis Info

Statuscomplete

ProductCorp Standard

Lender segmentbroad

Run on5 Apr 2026

Re-running will overwrite the current draft analysis.

Matched Investors

(10)

1Capital Four

GeographySectorTicket size

Sector alignment: solar. Deal size EUR 3M within investor range.

2NomuraEIF

GeographySectorTicket size

Sector alignment: solar. EUR 3M within range. ⭐ EIF intermediary — relevant if EIF eligibility confirmed.

3Finlight

GeographySectorTicket size