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
EUR 450m exchangeable bond for existing no-par value ordinary bearer shares of GEA Group AG due 29 December 2023
EUR 500m bonds convertible into existing ordinary shares of GBL due 2026
The risks associated with the management of cash and cash equivalents, financial instruments and financing may be consulted in the Risk Management section.