Document:

Exhibit
4.1

 

AMENDMENT
TO RIGHTS AGREEMENT

 

AMENDMENT TO RIGHTS
AGREEMENT (this “Amendment”) dated as of the 4th day of April, 2008,
between HKN, Inc. (f/k/a Harken Energy Corporation), a Delaware
corporation (the “Company”), and American Stock Transfer and Trust Company
(successor to Mellon Investor Services LLC, a New Jersey limited liability
company (formerly known as ChaseMellon Shareholder Services L.L.C.)), as Rights
Agent (the “Rights Agent”).

 

RECITALS

 

1.             The Company and the Rights Agent have previously entered
into that certain Rights Agreement, dated as of April 6, 1998 (the “Agreement”).

 

2.             Section 27 (Supplements and Amendments) of
the Agreement provides, in part, that, as long as the Rights are redeemable,
the Agreement may be supplemented or amended, without the approval of any
holders of Rights, to shorten or lengthen any time period thereunder.

 

3.             The Company desires to amend the Agreement to extend the
Final Expiration Date (as defined therein).

 

AGREEMENT

 

                Section 1.               Amendment.  Section 7(a) shall be amended to
read hereinafter as follows:

 

                                “(a)         Except
as otherwise provided herein, the Rights shall become exercisable on the
Distribution Date, and thereafter the registered holder of any Right
Certificate may, subject to Section 11(a)(ii) hereof and except as
otherwise provided herein, exercise the Rights evidenced thereby in whole or in
part upon surrender of the Right Certificate, with the form of election to
purchase on the reverse side thereof duly executed, to the Rights Agent at the office
or agency of the Rights Agent designated for such purpose, together with
payment of the aggregate Purchase Price with respect to the total number of one
one-thousandths of a share of Preferred Stock (or other securities, cash or
other assets, as the case may be) as to which the Rights are exercised, at any
time which is both after the Distribution Date and prior to the time (the “Expiration
Date”) that is the earliest of (i) the Close of Business on April 6,
2018 (the “Final Expiration Date”), (ii) the time at which the Rights are
redeemed as provided in Section 23 hereof (the “Redemption Date”) or (iii) the
time at which such Rights are exchanged as provided in Section 24 hereof.”

 

                Section 2.               Governing
Law.  This Amendment shall be deemed
to be a contract made under the laws of the State of Delaware and for all
purposes shall be governed by and construed in accordance with the laws of such
State applicable to contracts made and to be performed entirely within such
State.

 

                Section 3.               Counterparts.  This Agreement may be executed in any number
of counterparts and each of such counterparts shall for all purposes be deemed
to be an original, and all such counterparts shall together constitute but one
and the same instrument.

 

 

1

 

                IN WITNESS WHEREOF, the parties hereto have caused
this Amendment to Rights Agreement to be duly executed as of the day and year
first above written.

 

	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  HKN, INC.

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/ ANNA M. WILLIAMS

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Anna M. Williams

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Senior Vice
  President-Finance and

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
    Chief
  Financial Officer

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  AMERICAN STOCK TRANSFER
  AND

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  TRUST COMPANY, as Rights
  Agent

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/ JOSEPH F. WOLF

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  Joseph F. Wolf

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Its:

  	
  Vice President

  	
   

  
													

 

 

 

2Exhibit 10.01

 

	
  DATED

  	
  AS
  OF 31 MARCH 2008

  

 

 

CAPMARK AB NO. 2 LIMITED

as Borrower

 

-and-

 

NATIXIS, LONDON BRANCH

as
Original Lender

 

-and-

 

CAPMARK FINANCIAL GROUP INC.

as
Guarantor

 

-and-

 

NATIXIS, LONDON BRANCH

as
Agent

 

-and-

 

THE BANK OF NEW YORK

as
Security Trustee

 

 

SEVENTH AMENDING DEED RELATING TO THE

£750,000,000 REVOLVING CREDIT AGREEMENT

 

 

 

Ref.:
PASL/SV/806086

S1009.00453

 

Lovells
LLP, 6, avenue Kléber, 75116 Paris

 

 

TABLE OF CONTENTS

 

	
  CLAUSE

  	
   

  	
  PAGE

  
	
   

  	
   

  	
   

  
	
  1.

  	
  DEFINITIONS
  AND INTERPRETATION

  	
  2

  
	
   

  	
   

  	
   

  
	
  2.

  	
  AMENDMENTS
  TO THE FACILITY AGREEMENT

  	
  3

  
	
   

  	
   

  	
   

  
	
  3.

  	
  AGGREGATE
  SECURED PROPERTY LOAN VALUE

  	
  4

  
	
   

  	
   

  	
   

  
	
  4.

  	
  CALL
  OPTION

  	
  4

  
	
   

  	
   

  	
   

  
	
  5.

  	
  COSTS AND
  EXPENSES

  	
  4

  
	
   

  	
   

  	
   

  
	
  6.

  	
  FEES

  	
  4

  
	
   

  	
   

  	
   

  
	
  7.

  	
  SECURITY
  TRUSTEE

  	
  4

  
	
   

  	
   

  	
   

  
	
  8.

  	
  REMEDIES
  AND WAIVERS

  	
  5

  
	
   

  	
   

  	
   

  
	
  9.

  	
  PARTIAL
  INVALIDITY

  	
  5

  
	
   

  	
   

  	
   

  
	
  10.

  	
  FURTHER
  ASSURANCE

  	
  5

  
	
   

  	
   

  	
   

  
	
  11.

  	
  COUNTERPARTS

  	
  5

  
	
   

  	
   

  	
   

  
	
  12.

  	
  GOVERNING
  LAW - JURISDICTION

  	
  5

  
	
   

  	
   

  	
   

  
	
  13.

  	
  SERVICE
  OF PROCESS

  	
  5

  
	
   

  	
   

  	
   

  
	
  SCHEDULE
  1

  	
  8

  

 

 

THIS
SEVENTH AMENDING DEED
is made and delivered as of 31 March 2008

 

BETWEEN:

 

(1)           CAPMARK AB NO. 2 LIMITED a company incorporated in Ireland
(registered number 400239) whose principal office is at Commerzbank House,
35-50 Guild Street, Dublin 1, Ireland (the “Borrower”);

 

(2)           NATIXIS a company incorporated in France acting
through its London Branch at 25 Dowgate Hill, London EC4R 2YA (the “Original Lender”);

 

(3)           CAPMARK FINANCIAL GROUP INC. a company incorporated in Nevada whose
principal office is at 411 Borel Avenue, Suite 320, San Mateo, CA 94402
USA (the “Guarantor”);

 

(4)           NATIXIS a company incorporated in France acting
through its London Branch at 25 Dowgate Hill, London EC4R 2YA in its
capacity as agent for the Lenders (in that capacity, the “Agent”); and

 

(5)           THE BANK OF NEW YORK a New York Banking Corporation acting
through its London Branch at One Canada Square, London E14 5AL as security
trustee for itself and on behalf of the other Secured Parties (the “Security Trustee”).

 

WHEREAS:

 

(A)                              The Borrower, the Original Lender, the
Guarantor, the Agent and the Security Trustee are parties to the revolving
credit agreement dated 31 May 2005 in an initial amount of £300,000,000,
as subsequently increased to £500,000,000, as amended by an amending deed on 26
August 2005, a second amending deed on 30 September 2005, a third
amending deed on 30 November 2005, a fourth amending deed as of 23 March 2006
and as amended and restated on 30 May 2006, a fifth amending deed as of 30
May 2007 and a sixth amending deed on 15 October 2007, together,
the “Facility Agreement”.

 

(B)                                The Original Lender is at the date hereof the
only Lender under the Facility Agreement.

 

(C)                                The Parties now wish to make the following
amendments to the Facility Agreement:

 

(i)            the Parties have agreed that the aggregate
Loan outstanding under the Facility Agreement shall be no more than 60 per
cent. of the Aggregate Secured Property Loan Value as determined from time to
time.  The allocation of the aggregate
Loan between each of the Relevant Secured Property Loans and the Relevant
Advance Percentage is set out in Schedule 1;

 

(ii)           the Original Lender has agreed to waive its
right to exercise the call option under clause 7.7 (Lender call option) of the Facility Agreement for the period
from (and including) 31 May 2008 to (and including) 30 September 2008,
and has agreed to further waive such right from (and including) 1 October 2008
to (and including) 1 December 2008 if the NATIXIS participation is
repaid or the NATIXIS exposure is otherwise reduced by US$50,000,000 by 1 October 2008
under a unsecured US$5,500,000,000 credit agreement dated 23 March 2006
between NATIXIS and Capmark Financial Group Inc. (the “Credit Agreement”).  The waiver of the Original Lender’s rights to
exercise the Lender call option shall cease immediately should an Event of
Default under clause 19.5 (Cross default)
of the Facility Agreement occur under the Facility Agreement and all rights
relating thereto shall be reinstated;

 

(iii)          the Original Lender has agreed to waive the
provision contained in the definition of the Relevant Advance Percentage that
specifies that on the nine month anniversary of the relevant Utilisation
Request in relation to each Secured

 

 

Property Loan, the Relevant
Advance Percentage shall be the applicable rate divided by two;

 

(iv)                              the Parties have agreed that the Margin in
respect of each Loan will be amended to 1.50 per cent. per annum to the end of
the Availability Period and 2.00 per cent. per annum until the end of the
Amortisation Period; and

 

(v)                                 the Parties have also agreed that so long as
the Borrower continues its efforts to sell, securitize or dispose of the
Secured Property Loans in compliance with the provisions of the Facility
Agreement then the Agent’s prior written consent with regards to ceasing or
suspending all or a material part of its business as further set out in clause
19.4 (b) (Insolvency) shall
not be required.

 

(D)          In consideration of such amendments the
Parties have agreed that the Borrower will pay the Original Lender a fee on 2 April 2008
of GBP 103,978 and EUR 2,957,547 with a further 0.25 per cent. payable on the
balance outstanding under the Facility Agreement on 30 May 2008.  In further consideration of such amendments
the Borrower has agreed to repay the Loan currently outstanding in respect of
the Hemel Hempstead Secured Property Loan on or before 15 April 2008.

 

(E)           Pursuant to clauses 31.1 and 31.2 of the
Facility Agreement, the amendments set out in Recital (C) above may be
amended with the consent of all of the Lenders and the Borrower and shall be
binding on all Parties.

 

(F)           On the date hereof, the Borrower, the
Original Lender, the Guarantor, the Agent and the Security Trustee now wish to
amend the Facility Agreement as follows.

 

IT IS
AGREED:

 

1.             DEFINITIONS AND
INTERPRETATION

 

1.1           Definitions

 

Capitalised terms and
expressions used in this Seventh Amending Deed shall, unless otherwise defined
in this Deed or save as the context otherwise requires, have the meaning
ascribed to such terms and expressions in the Facility Agreement.

 

1.2                                Interpretation

 

(a)                                Unless a contrary indication appears, any
reference in this Seventh Amending Deed to:

 

(i)                                   a clause or schedule is to a clause of a
schedule to this Seventh Amending Deed (as the case may be);

 

(ii)                                each of Borrower and the Agent agrees that
this Seventh Amending Deed shall be a Finance Document for the purposes of the
Facility Agreement; and

 

(iii)                             a “Finance Document” or any other agreement
or instrument is a reference to that Finance Document or other agreement or
instrument as amended or novated.

 

(b)                               Clause and schedule headings are for ease of
reference only.

 

2

 

1.3                                Third Party Rights

 

(a)                                Unless expressly provided to the contrary in
this Seventh Amending Deed, a person who is not a Party has no right under the
Contracts (Rights of Third Parties) Act 1999 to enforce or to enjoy the benefit
of any term of this Seventh Amending Deed.

 

(b)                               Notwithstanding any term of this Seventh
Amending Deed, the consent of any person who is not a Party is not required to
rescind or vary this Seventh Amending Deed at any time.

 

2.                                      AMENDMENTS TO THE FACILITY
AGREEMENT

 

The Parties hereto agree
that, with effect from the date of this Seventh Amending Deed, the Facility
Agreement shall be amended as follows:

 

(a)                                in clause 1.1 (Definitions), the definition of “Margin” shall be amended as
follows: the number “0.70 per cent. per annum” shall be replaced with “1.50
per cent. per annum” and the number “1.00 per cent. per annum” shall be
replaced with “2.00 per cent. per annum”; and

 

(b)                               in clause 1.1 (Definitions), the definition of “Relevant Advance Percentage”
shall have the following words deleted:  “provided
that if a Secured Property Loan which remains outstanding for more than nine
months from the relevant Utilisation Date, the Relevant Advance Percentage
shall be the applicable rate divided by two”; and

 

(c)                                clause 7.4 (a) (Margin call) shall be deleted and replaced
by:

 

“In the event that a Secured
Property Loan Value, as determined by the Agent, no longer reflects the
Relevant Advance Percentage, the Agent shall promptly notify the Borrower. If
the Borrower requests, the Agent shall provide to the Borrower reasonable
explanations as to how it has made its determination of the Secured Property
Loan Value but, where there is manifest error or any material inconsistency
with the approach used by the Agent for the purpose of previous determinations
prior to the date of the Seventh Amending Deed, such determination shall not be
binding on the Borrower”; and

 

(d)                               clause 19.4 (b) (Insolvency) shall be deleted and replaced
by:

 

“The Borrower without the
Agent’s prior written consent ceases or suspends, or threatens to cease or
suspend all or a material part of its business as operated on the date of this
Agreement provided that so long as the Borrower continues its efforts to sell,
securitize or dispose of the Secured Property Loans in compliance with the
provisions of this Agreement, no prior written consent of the Agent shall be
required under this clause 19.4 (b)”.

 

(e)                                the following clause 19.4 (c) shall be
inserted:

 

““The Borrower without the
Agent’s prior written consent enters into any unrelated business not
contemplated by this Agreement”.

 

and clause 19.4 (c) shall
be renumbered “clause 19.4 (d)”.

 

3

 

3.                                      AGGREGATE SECURED PROPERTY
LOAN VALUE

 

(a)                                The Parties agree that the aggregate Loan
outstanding under the Facility Agreement shall be no more than 60 per cent. of
the Aggregate Secured Property Loan Value as determined from time to time.  The allocation of the aggregate Loan between
each of the Relevant Secured Property Loans and the Relevant Advance Percentage
in respect thereof is set out in Schedule 1.

 

(b)                               For the purposes of clause 7.4 (Margin call), the definition of “Relevant
Advance Percentage” regarding the Relevant Secured Property Loans shall be that
set out in Schedule 1 of this Seventh Amending Deed, as updated from time to
time, and not that set out in Schedule 12 (Relevant
Advance Percentages) of the Facility Agreement.

 

(c)                                The Borrower shall repay such amount as is
necessary in order to comply with this clause 3 on 2 April 2008.

 

4.                                      CALL OPTION

 

(a)                                Notwithstanding clause 7.7 (Lender call option) of the Facility
Agreement, the Original Lender has agreed not to exercise the call option
and/or any of its rights under clause 7.7 of the Facility Agreement (the “Call Option”) for a period of four calendar
months from 31 May 2008.

 

(b)                               The Original Lender has also agreed not to
exercise the Call Option for an additional period between 1 October 2008
and 1 December 2008 if the amount of NATIXIS’ participation under the
Credit Agreement is repaid or the NATIXIS exposure is otherwise reduced by a
minimum amount of US$50,000,000 on or before 1 October 2008.

 

(c)                                The waiver of the Original Lender’s rights to
exercise the Lender call option as set out in clause 4(a) and clause 4(b) above
shall cease immediately should an Event of Default under clause 19.5 (Cross default) of the Facility Agreement
occur under the Facility Agreement and all rights relating thereto shall be
reinstated.

 

5.                                      COSTS AND EXPENSES

 

The Borrower shall, within
two Business Days of demand, reimburse the Agent and the Security Trustee for
the amount of all reasonable costs and expenses (including legal fees) (and any
VAT payable in respect of them) reasonably incurred by the Agent or the
Security Trustee in responding to, evaluating, negotiating or complying with
this Seventh Amending Deed, the Finance Documents and any other relevant
documents.

 

6.                                      FEES

 

In consideration of the
amendments referred to in clause 2 and clause 3 above, the Borrower shall
pay to the Original Lender (a) on 2 April 2008 the sum of GBP 103,978
and EUR 2,957,547 and (b) on 30 May 2008, 0.25 per cent. of the
then outstanding balance of the Facility Agreement.  In further consideration of such amendments
the Borrower shall also repay the Loan currently outstanding in respect of the
Hemel Hempstead Secured Property Loan on or before 15 April 2008.

 

7.                                      SECURITY TRUSTEE

 

The Majority Lenders hereby
instructs the Security Trustee to execute this Seventh Amending Deed in
accordance with clause 26.8 (a) (Majority
Lenders’ instructions) of the Debenture.

 

4

 

8.                                      REMEDIES AND WAIVERS

 

No failure to exercise, nor
any delay in exercising, on the part of any Finance Party, any right or remedy
under this Seventh Amending Deed shall operate as a waiver, nor shall any
single or partial exercise of any right or remedy prevent any further or other
exercise or the exercise of any other right or remedy. The rights and remedies
provided in this Seventh Amending Deed are cumulative and not exclusive of any
rights or remedies provided by law.

 

9.                                      PARTIAL INVALIDITY

 

If, at any time, any
provision of this Seventh Amending Deed is or becomes illegal, invalid or
unenforceable in any respect under any law of any jurisdiction, neither the
legality, validity or enforceability of the remaining provisions nor the
legality, validity or enforceability of such provision under the law of any
other jurisdiction will in any way be affected or impaired.

 

10.                                FURTHER ASSURANCE

 

The Borrower shall at its
own expense, do all such acts and things as are necessary or desirable to give
effect to the amendments effected or to be effected pursuant to this Seventh
Amending Deed.

 

11.                                COUNTERPARTS

 

This Seventh Amending Deed
may be executed in any number of counterparts, and this has the same effect as
if the signatures on the counterparts were on a single copy of this Seventh
Amending Deed.

 

12.                                GOVERNING LAW - JURISDICTION

 

12.1                          Governing Law

 

This Seventh Amending Deed
is governed by and shall be construed in accordance with English Law.

 

12.2                          Jurisdiction

 

(a)                                The courts of England have exclusive
jurisdiction to settle any dispute arising out of or in connection with this
Seventh Amending Deed (including a dispute regarding the existence, validity or
termination of this Seventh Amending Deed) (a “Dispute”).

 

(b)                               The Parties agree that the courts of England
are the most appropriate and convenient courts to settle Disputes and
accordingly no Party will argue to the contrary.

 

(c)                                This clause 12 is for the benefit of the
Finance Parties only.  As a result, no
Finance Party shall be prevented from taking proceedings relating to a Dispute
in any other courts with jurisdiction. 
To the extent allowed by law, the Finance Parties may take concurrent
proceedings in any number of jurisdictions.

 

13.                                SERVICE OF PROCESS

 

Without prejudice to any
other mode of service allowed under any relevant law, the Borrower and the
Guarantor each:

 

5

 

(a)           irrevocably appoints Capmark UK Limited, Norfolk House, 31 St James’s
Square, London SW1Y 4JU as its agent for service of process in relation to any
proceedings before the English courts in connection with any Finance Document;
and

 

(b)           agrees that failure by a process agent to notify the Borrower or, as
the case may be, the Guarantor of the process will not invalidate the
proceedings concerned.

 

6

 

IN WITNESS
WHEREOF this Seventh
Amending Deed has been executed and delivered as a deed on the date stated at
the beginning.

 

EXECUTED AS
A DEED BY

 

The
Borrower

 

	
  The Common Seal of

  	
   

  	
  )

  
	
  CAPMARK
  AB NO. 2 LIMITED

  	
   

  	
  )

  
	
  was affixed to this
  Seventh Amending Deed

  	
   

  	
  )

  
	
  in the presence of:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Director:

  	
  /s/ Peter Kearney

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Director/Secretary: 

  	
  /s/ Donal Courtney

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  The
  Original Lender

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Signed by

  	
  and

  	
   

  	
  )

  
	
   

  	
  ,
  duly authorised for and on behalf of

  	
   

  	
  )

  
	
  NATIXIS,
  LONDON BRANCH

  	
   

  	
  )

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  The
  Guarantor

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Signed by 

  	
  /s/ Gregory J. McManus, CFO,

  	
   

  	
   

  	
  )

  
	
  duly authorised for and on
  behalf of CAPMARK FINANCIAL GROUP

  	
   

  	
  )

  
	
  INC.

  	
   

  	
  )

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  The Agent

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Signed by

  	
  /s/ Yann Gindre

  	
  and

  	
   

  	
  )

  
	
   

  	
  /s/ Philippe Fricquegnon

  	
  ,
  duly authorised for and on behalf of

  	
   

  	
  )

  
	
  NATIXIS,
  LONDON BRANCH

  	
   

  	
  )

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  The
  Security Trustee

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Signed by 

  	
  /s/ Vincent Giraud

  	
  ,
  duly authorised for and 

  	
   

  	
  )

  
	
  on behalf of THE BANK OF NEW YORK

  	
   

  	
  )

  
	
   

  	
   

  	
  )

  
									

 

7

 

SCHEDULE 1

 

	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Secured Property

  	
   

  	
  Relevant Advance

  	
   

  
	
  Secured Property Loan

  	
   

  	
  Currency

  	
   

  	
  Loan

  	
   

  	
  Loan Value

  	
   

  	
  Percentage

  	
   

  
	
  Hemel
  hempstead

  	
   

  	
  GBP

  	
   

  	
  7,915,062

  	
   

  	
  19,787,656

  	
   

  	
  40.0

  	
  %

  
	
  Catalyst
  Capital

  	
   

  	
  GBP

  	
   

  	
  5,948,651

  	
   

  	
  15,971,008

  	
   

  	
  37.2

  	
  %

  
	
  WP Carey
  - Hellweg

  	
   

  	
  EUR

  	
   

  	
  100,059,694

  	
   

  	
  162,676,058

  	
   

  	
  61.5

  	
  %

  
	
  Flora
  Park

  	
   

  	
  EUR

  	
   

  	
  58,532,114

  	
   

  	
  95,160,931

  	
   

  	
  61.5

  	
  %

  
	
  Brack
  Refi

  	
   

  	
  EUR

  	
   

  	
  41,367,416

  	
   

  	
  67,254,735

  	
   

  	
  61.5

  	
  %

  
	
  Prime
  Allee Centre Loan

  	
   

  	
  EUR

  	
   

  	
  45,169,088

  	
   

  	
  73,435,455

  	
   

  	
  61.5

  	
  %

  
	
  Enstar
  Pool B Loan

  	
   

  	
  EUR

  	
   

  	
  16,917,577

  	
   

  	
  27,504,430

  	
   

  	
  61.5

  	
  %

  
	
  Rowan

  	
   

  	
  EUR

  	
   

  	
  15,374,789

  	
   

  	
  24,996,179

  	
   

  	
  61.5

  	
  %

  
	
  Gorlitz

  	
   

  	
  EUR

  	
   

  	
  11,047,544

  	
   

  	
  17,960,988

  	
   

  	
  61.5

  	
  %

  
	
  Coburg

  	
   

  	
  EUR

  	
   

  	
  55,705,329

  	
   

  	
  90,565,172

  	
   

  	
  61.5

  	
  %

  
	
  Raffey
  Tower

  	
   

  	
  EUR

  	
   

  	
  23,603,515

  	
   

  	
  38,374,360

  	
   

  	
  61.5

  	
  %

  
	
  Shah
  Sislark

  	
   

  	
  EUR

  	
   

  	
  26,562,562

  	
   

  	
  43,185,150

  	
   

  	
  61.5

  	
  %

  
	
  TOTAL*

  	
   

  	
  GBP

  	
   

  	
  323,392,464

  	
   

  	
  538,987,439

  	
   

  	
  60.0

  	
  %

  

 

* Using
a GBP/EUR exchange rate of 1.274

8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}]]