Projected NOI over the following four quarters as a ratio of projected interest payments on bank (not shareholder) loans over the same period. This is a portfolio metric which may not reflect precisely the varying stipulations of each loan facility of the vehicle but aims to give an indication of the vehicle’s general ability to service its debt. For the avoidance of doubt, the ISCR is calculated without reference to cash in bank.
Global Definitions Database
Portfolio Interest Service Coverage Ratio
Source: INREV | Date: 20 March 2020 | ID: D0241 | Version: 3