Hannon Armstrong Sustainable Infrastructure Capital, Inc. Quarterly report pursuant to Section 13 or 15(d)

Credit Facilities (Tables)

3 Months Ended

Mar. 31, 2017

The following table provides additional detail on our credit facility as of March 31, 2017 and December 31, 2016:


	March 31, 2017			December 31, 2016
	(dollars in millions)
Outstanding balance	$	305		$	283
Value of collateral pledged to credit facility	$	513		$	471
Weighted average short-term borrowing rate		2.6	%		2.3	%

We were in compliance with the required financial covenants described below at each quarterly reporting date that such covenants were applicable:


Covenant	Covenant Threshold
Minimum Liquidity (defined as available borrowings under the Loan Agreements plus unrestricted cash divided by actual borrowings) of greater than:		5	%
12 month rolling Net Interest Margin of greater than:		zero
Maximum Debt to Equity Ratio of less than:⁽¹⁾		4 to 1

⁽¹⁾	Debt is defined as Total Indebtedness excluding accounts payable and accrued expenses and nonrecourse debt.