Maintaining a solid and flexible financial structure while limiting net indebtedness

 

  • Loan To Value ratio

financial-debt

Debt maturity profile

  • Institutional bonds € 2,000 M
  • Exchangeable bonds into Holcim shares € 750 M
  • Exchangeable bonds into GEA shares € 450 M
  • Convertible bonds into GBL shares € 500 M
  • Other € 81 M
  • Undrawn committed credit lines
  • Drawn committed credit lines € 500 M

Debt maturity profile

GBL has committed credit lines for an amount of € 2,450 M, of which € 500 M is drawn (as indicated by the above dotted lines).

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

Terms and conditions of the bonds

 

EUR 500 million bonds exchangeable into existing shares of Pernod Ricard SA due 2025

Terms and conditions of the bonds

Institutional bonds

Institutional bonds 2022

Information Memorandum

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Institutional bonds 2021

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Institutional bonds 2018

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Institutional bonds 2017

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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.