Guaranty Trust Bank Term Loans for Schools

Facility Type:              Term Loans for Schools

Amount:                       Minimum of 20,000,000

Maximum of 400,000,000

Pricing:                        Interest rate: Competitive

Management fee: 1%

Commitment fee:  1%

Tenor:                         Minimum of 3 years

Maximum of 10 years

Repayment:                Quarterly repayment of principal and monthly repayment of Interest

Security:                      Legal mortgage on the property being

financed or alternative property (Buy).

Legal mortgage on an alternative

property (Build)

Equity Contribution:    30%