Maintaining a solid and flexible financial structure while limiting net indebtedness
- Net financial position in GBL’s NAV excluding treasury shares
- Net financial position including treasury shares
- Loan To Value ratio
Debt maturity profile
- Institutional bonds € 1,500 M
- Exchangeable bonds into LafargeHolcim shares € 750 M
- Exchangeable bonds into GEA shares € 450 M
- Other € 86 M
- Undrawn committed credit lines
GBL has undrawn committed credit lines for an amount of € 2,150 M (as indicated by the above dotted lines).
EUR 750m exchangeable bond for existing registered shares of LafargeHolcim Ltd due December 30, 2022
Terms and conditions of the bonds
EUR 450m exchangeable bond for existing no-par value ordinary bearer shares of GEA Group AG due 29 December 2023
Terms and conditions of the bonds
EUR 500m bonds convertible into existing ordinary shares of GBL due 2026
Institutional bonds
Institutional bonds 2021
Institutional bonds 2018
Institutional bonds 2017
Risk Management
The risks associated with the management of cash and cash equivalents, financial instruments and financing may be consulted in the Risk Management section.