Other DebtExpired
Reyl Bank Loan Facility
CSHR-Reyl
$3.97▼ 4.57%
BTC Holdings
235 BTC
Total Debt
$0.00
Leverage
0.0%
mNAV
34.81x
Outstanding
$0.00
Issue date
—
Principal
—
Coupon
2.40%
Maturity
2027-03-10
Conversion price
—
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior secured
- Facility type
- Term loan
- Payment frequency
- Quarterly
- Rate type
- Floating
- Rate reference
- SARON 1- to 3-month + 2.25% credit margin + 0.20% min liquidity-provision cost (0% floor)
- Collateral
- Pledge over assets held at Reyl Bank, including publicly traded ETP certificates
- Prepayment
- May prepay in whole or in part on each interest-period renewal date without penalty; required 10% annual amortisation after a two-year grace period may be satisfied by depositing eligible financial assets of equivalent lending value
Outstanding History
Outstanding history(4)
| As of | Event | Outstanding |
|---|---|---|
| 2026-05-15 | Repayment | $0.00 Reyl Bank loan repaid in full; $28.1M was outstanding at 2025-12-31. Exact repayment date not disclosed (subsequent to year-end 2025); as_of set to F-1 disclosure date 2026-05-15. |
| 2025-12-31 | — | $28.10M $25.0M classified as non-current; $3.2M current incl. $29k accrued interest |
| 2024-12-31 | — | $24.70M Reyl Bank loan balance; plus $32k accrued interest |
| 2023-12-31 | — | $29.50M Reyl Bank loan balance; plus $51k accrued interest |
- 2026-05-15 — $0Prospectus Summary — Recent developments
- 2025-12-31 — $28,100,000Item 5 — Borrowings; Note 12 — Debt
- 2024-12-31 — $24,700,000Note 12 — Debt
- 2023-12-31 — $29,500,000Note 12 — Debt