Debt

The Debt section covers all parameters which are connected to the debt financing through banks. Typically project financing instruments for renewable energies (for now without company current accounts) are considered.

Input Field | Description | Unit | Presetting | ||||||
---|---|---|---|---|---|---|---|---|---|

## Name | Debt tranche name | Free text | "Debt" + Index | ||||||

## Loan Type | The following loan types are supported:
| Selection | Term Loan | ||||||

## Driver | The following drivers are available:
| Selection | Fix | ||||||

## Value | Input of a value proper to the selected driver. | Value in combination with driver | 0 | ||||||

## Issuing Date | The Debt tranche Issuing Date is set with a Date Choice Box. For example: "Issuing at Transaction", this means Transaction + 0 months. When the Issuing is The entered month corresponds to the last day of this month. For example: A Due Date 01 /2015 means that the Issuing occurs per 01.31.2015 and the corresponding interest and reimbursements are calculated effective from 02.01.2015. | Date Choice Box | Transaction | ||||||

## Consolidation Date## (Loan Type = Construction Loan) | The Construction Loan is issued on different Issuing Dates. On the basis of different Issuing segments these dates can be determined.
| Selection | |||||||

## Interest Construction## (Loan Type = Construction Loan) | Annualized interest rate (nominal) which is executed on the Construction Loan of the previous period (this means after redemption of the previous period respective before redemption of the actual period). The interest charge is defined by the Method of Payment allocation (Interest) for the fixed Interest Period since Issuing Date. For periods afterwards the Longterm Interest Rate is used.
| Percent nominal per year | 0% | ||||||

## Loan Period | The Loan Period in years. With the end of the loan the loan amount has to be reimbursed. | Years | 0 | ||||||

## Redemption Mode | The following Redemption Modes are available:
| Selection | Linear | ||||||

## Interest for Annuity Calculation (Redemption Mode = Annuity) | Interest input in % or bps for the Annuity Redemption calculation. This interest rate is only used for the calculation of the redemption amounts and not for the actual interest payments.
| % | 0 | ||||||

## Redemption Free Period | Redemption Free months/years since Issuing Date. | Months/Years since Issuing Date | 0 months | ||||||

## Redemption Frequency | Frequency of the Redemptions since Issuing Date. For example: "quarterly", this means every 3 months. Compare the same logic in Payment Frequency at Methods of Payment. | Months | monthly | ||||||

## Interest | Annualized interest rate (nominal) in % or bps which is executed on the Debt value of the previous period (this means after redemption of the previous period respective before redemption of the actual period). The interest charge is defined by the Method of Payment allocation (Interest) for the fixed Interest Period since Issuing Date. For periods afterwards the Longterm Interest Rate is used. The Interest is composed by the Base Rate and the Margin:
| % | 0% | ||||||

## Interest Period Fixed | Valid Period of the interest rate. For periods afterwards the Longterm Interest Rate is used.
Fixed Interest Period = 0 A fixed interest period of Debt Tranches or Shareholder Loans of 0 years and a longterm interest rate of 0% can lead to an unintended errors! The interest according to the Debt Tranche or Shareholder Loan is in this case 0% despite a different interest input of for example 4% because in this case, the longterm interest rate of 0% is adopted after the fixed interest period of 0 years. | Years since Issuing Date | 0 | ||||||

## Capexes (Driver = Capex) | Selection of the Capex costs which are considered for the Debt value.
| ||||||||

## Method of Payment (Interest) | Selection of the Method of Payment which is used for Interest payments:
| Method of Payment allocation | None |

### Calculation

Debt affects the Debt calculation.