Page 13 - TERM SHEET - PROJECT FINANCE CONCEPTION - english

Loan type : The following “options” are available for this purpose:

Option # 1 - Residual debt loan - No repayment during the loan term.

This form of loan includes a residual debt loan, in which the granted
net loan is due for repayment in full at the end of the agreed loan term

to the syndicated lender. As a result, there is no repayment during the

loan term. The syndicated borrower thus only pays the loan interest
due during the loan period.

Option # 2 - Repayment Loa - The repayment takes place during the loan term.

This type of loan includes a repayment amount during the loan period of a minimum

of 1% p.a. to a maximum of 2% p.a. The percentage depends on the credit volume; it
is always calculated on the basis of the current remaining loan debt. At the end of the

credit period, the remaining credit balance is then repaid in full. The amount of the

remaining credit balance depends on the credit volume and the agreed credit period.

Option # 3 - non-repayment loan - The repayment is made from the gross loan, the disagio.

This type of loan includes an exemption from repayment. The syndicated borrower does not have

to repay the loan to the syndicated lender. The repayment of the loan is financed from the gross

credit, the so-called "disagio". As a result, the syndicated borrower is released from repayment of
the loan.