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%