PPRF Coverage Combined Senior & Subordinate Liens


New Mexico Finance Authority

PPRF Combined Lien Coverage Calculations as of Dec 31, 2018

GGRT Combined Loan Combined Bond
Year Sep 2018 Revenues Debt Service Coverage
2019 36,300,000 169,076,450 160,055,339 1.28
2020 31,500,000 179,155,373 168,550,613 1.25
2021 31,500,000 170,367,115 159,178,889 1.27
2022 31,500,000 156,871,475 146,803,413 1.28
2023 31,500,000 145,370,619 136,988,687 1.29
2024 31,500,000 127,825,272 118,967,764 1.34
2025 31,500,000 123,061,881 111,553,629 1.39
2026 31,500,000 110,583,067 98,487,466 1.44
2027 31,500,000 108,798,514 93,923,513 1.49
2028 31,500,000 97,214,038 83,052,160 1.55
2029 31,500,000 97,818,328 73,303,619 1.76
2030 31,500,000 77,741,479 61,097,672 1.79
2031 31,500,000 71,353,131 56,340,861 1.83
2032 31,500,000 64,911,686 54,670,141 1.76
2033 31,500,000 60,652,792 53,105,218 1.74
2034 31,500,000 52,592,850 46,262,299 1.82
2035 31,500,000 50,075,418 45,789,585 1.78
2036 31,500,000 35,796,393 32,034,522 2.10
2037 31,500,000 29,110,334 23,521,621 2.58
2038 31,500,000 23,573,866 21,730,767 2.53
2039 31,500,000 15,773,654 13,640,735 3.47
2040 31,500,000 8,266,698 7,066,700 5.63
2041 31,500,000 7,480,536 6,672,000 5.84
2042 31,500,000 3,831,547 2,788,950 12.67
2043 31,500,000 3,569,829 2,784,650 12.59
2044 31,500,000 3,501,382 2,782,850 12.58
2045 31,500,000 3,347,991 2,633,350 13.23
2046 31,500,000 2,669,500 1,957,000 17.46
2047 31,500,000 675,231 0 0.00
2048 31,500,000 587,477 0 0.00
2049 31,500,000 28,226 0 0.00

 

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