PPRF Coverage Combined Senior & Subordinate Liens


New Mexico Finance Authority

PPRF Combined Lien Coverage Calculations as of May 31, 2020

GGRT Combined Loan Combined Bond
Year Two Months Lag Revenues Debt Service Coverage
2020 34,000,000 182,588,035 172,755,546 1.25
2021 34,000,000 186,785,307 167,967,748 1.31
2022 34,000,000 172,704,973 154,224,883 1.34
2023 34,000,000 159,228,341 144,213,090 1.34
2024 34,000,000 142,831,778 126,136,631 1.40
2025 34,000,000 138,371,279 119,130,759 1.45
2026 34,000,000 127,046,028 106,630,205 1.51
2027 34,000,000 125,348,391 101,868,410 1.56
2028 34,000,000 114,521,000 91,086,649 1.63
2029 34,000,000 115,217,317 82,646,612 1.81
2030 34,000,000 93,918,535 72,432,011 1.77
2031 34,000,000 84,724,070 66,992,719 1.77
2032 34,000,000 78,231,744 64,756,589 1.73
2033 34,000,000 72,686,631 62,087,176 1.72
2034 34,000,000 62,286,576 51,807,916 1.86
2035 34,000,000 57,383,589 48,315,073 1.89
2036 34,000,000 40,824,945 34,076,118 2.20
2037 34,000,000 35,990,094 27,427,227 2.55
2038 34,000,000 30,409,762 25,588,367 2.52
2039 34,000,000 22,820,965 17,227,992 3.30
2040 34,000,000 12,447,249 9,310,700 4.99
2041 34,000,000 10,056,227 7,559,250 5.83
2042 34,000,000 5,828,878 2,788,950 14.28
2043 34,000,000 5,284,719 2,784,650 14.11
2044 34,000,000 5,244,625 2,782,850 14.10
2045 34,000,000 4,234,463 2,633,350 14.52
2046 34,000,000 3,558,443 1,957,000 19.19
2047 34,000,000 1,561,424 0 0.00
2048 34,000,000 1,476,873 0 0.00
2049 34,000,000 918,977 0 0.00
2050 34,000,000 603,941 0 0.00

 

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