Debt & Funding Management Framework
Raise and manage debt and funding efficiently.
- Match tenor to use of funds
- Maintain unused committed lines
- Refinance before you have to
- Term debt & revolvers
- Commercial paper & bonds
- Project & structured finance
- Covenant management
- Annual funding plan
- Quarterly refinancing pipeline review
- Monthly covenant compliance
- Refinancing-tower limit
- Covenant early-warning thresholds
How this framework is measured
Debt Service Coverage Ratio (DSCR)
Formula · EBITDA / Debt Service
Threshold · ≥ 1.5×
Interest Cover
Formula · EBITDA / Interest Expense
Threshold · ≥ 4×
Net Debt / EBITDA
Formula · Net Debt / Trailing EBITDA
Threshold · ≤ covenant – 0.5×
Covenant Headroom
Formula · Actual − Covenant Threshold
Threshold · ≥ 15% of threshold
Bank Facility Utilisation
Formula · Drawn / Committed
Threshold · ≤ 70%
Linked assessments
No direct assessment — covered through the master Treasury Maturity Index.
Linked advisory
Related dashboards
Related resources
Debt Register Template
Single source of truth for every facility, instrument, tenor, currency and covenant.
Tracker · EnterpriseCovenant Compliance Tracker
Quarterly tracker for financial and information covenants with headroom.
Template · EnterpriseRefinancing Planner
Forward refinancing pipeline with execution timelines.
Template · EnterpriseAnnual Funding Strategy Template
Twelve-month funding plan by source, tenor and currency.