Debt Schedule
Demo #11 — Sava Industrial standalone credit: revolver + TLA (floating) + TLB (fixed), mandatory amort, optional prepayment waterfall, and covenant headroom (USD $M).
Training scope — corporate credit
Embedded debt schedule aligned with Excel Demo #11. Separate from industry simulator exogenous debt sliders and from Demo #9 LBO cash sweep. No live covenant waivers or revolver mechanics beyond the demo — educational only.
Facility at close
Year-0 funded debt vs cash; net leverage on LTM EBITDA.
Funded debt ($M)
395.0
Net debt ($M)
350.0
Net debt / EBITDA
3.17×
Paydown forecast
Operating forecast drives UFCF, debt service, and optional prepay (TLB → TLA → revolver).
| Year | EBITDA ($M) | Mandatory ($M) | Optional prepay ($M) | Debt end ($M) | Net debt ($M) |
|---|---|---|---|---|---|
| Year 1 | 118.4 | 12.5 | 1.5 | 381.0 | 304.6 |
| Year 2 | 124.4 | 12.0 | 4.2 | 364.9 | 254.3 |
| Year 3 | 130.6 | 11.4 | 7.0 | 346.5 | 198.8 |
| Year 4 | 137.1 | 10.8 | 10.1 | 325.6 | 137.8 |
| Year 5 | 144.0 | 10.1 | 13.4 | 302.1 | 70.9 |
| Year 5 | 144.0 | — | 13.4 | 302.1 | 70.9 |
Corporate revolver/TLA/TLB mechanics here complement PE cash sweep in LBO (#9) and ΔNWC in working capital (#12).