Nestor is the AI analyst for specialty finance, starting with infrastructure debt. Send the sponsor's IM, term sheet and cash flows. Get back a debt-sizing model on your rules and a credit memo in your format.
The smartest deal team, working for you 24/7.
| Sponsor | Your case | |
|---|---|---|
| Minimum DSCR | 1.20x | 1.30x |
| Maximum gearing | 75% | 65% |
| Tenor | 14 yrs | 13 yrs |
| Term loan | £373.2m | £325.1m |
£48.1m below the ask. Gearing 62.5%; two years of lease tail.
Every number traces to a cell or a page. Every stress case re-draws the chart. Pick a figure.
A £325.1m term loan over 13 years, sized to a minimum DSCR of 1.30x and maximum gearing of 65%. The lease runs 25 years with 2.0% fixed escalation; contracted power steps from 32 MW to 48 MW by 2029.
All-in margin of 2.04% against a 1.75% target.
Costs +20% → minimum DSCR 1.26x
Revenue −10% → 1.15x
Both together → 1.11x, below lock-up until 2033
Two-year lease tail; tenor cut to 13. Contracted capacity ramps to 48 MW by 2029; debt sized on the ramp.
Term: 25 years from practical completion
Rent escalation: 2.0% p.a., fixed
Tenant: single, investment grade
2026: 32 MW · 2027: 36 MW · 2028: 42 MW
2029 onward: 48 MW
Based on the information memorandum, the sponsor is seeking £373.2m of senior debt over 14 years at a minimum DSCR of 1.20x. Whether that is appropriate will depend on your own credit criteria, such as target cover ratios, maximum gearing and tenor. I would suggest reviewing the financial model to assess debt capacity under your assumptions.
Deployed inside your own environment. Deal data never leaves it.
Your models, documents and papers never train a model.
Every figure links to its page or cell. Every edit is logged.
Single sign-on. Access set deal by deal.
Send the IM, the term sheet and the sponsor's cash flows. Compare our sizing and memo with what went to your committee.