Debt Overview

Oustanding gross debt

Borrowings - 30 June 2020Interest rateMaturity dateAvailable amountDrawnUndrawn
$150m private placement 5.12% Jan-23   $150m  
$25m private placement 4.75% Sep-20   $25m  
$40m private placement 4.97% Sep-21   $40m  
$80m private placement 5.40% Sep-24   $80m  
$55m private placement 5.45% Sep-25   $55m  
US private placements       $350m  
Amortizing Term Loan Floating Jun-23 $200m $200m $0m
Revolving Credit Facility Floating Jun-23 $200m $0m $200m
Other loans       $350m  
Total - HMS Host Corp       $700m  
Revolving Credit Facility Floating Jan-23 €100m €100m €0m
Amortizing Term Loan Floating Mar-25 €150m €150m €0m
Amortizing Term Loan Floating Jan-25 €100m €100m €0m
Amortizing Revolving Credit Facility Floating Jan-25 €200m €200m €0m
Amortizing Term Loan Floating Aug-24 €50m €50m €0m
Revolving Credit Facility Floating Aug-24 €25m €25m €0m
Other loans       €625m  
Total - Autogrill S.p.A.       €625m  

Based on nominal value of borrowings as at 30 June 2020
Coupons shown are those at which the debt was issued. The Group deals with IRS to manage the effective interest rates. The chart includes committed lines facilities only
(*) On June 22nd Autogrill S.p.A. entered into an agreement with its lenders regarding the covenant holiday of the testing of the financial covenants (Leverage Ratio and Consolidated EBITDA/Consolidated Net Finance Charges) for a period of 15 months from 30 June 2020 (inclusive). Similar agreements were entered into by the US subsidiary HMSHost Corporation with its lenders, as well as with the subscribers of the outstanding USPP bonds
(1) Covenants calculation excluding the impact of IFRS16 application
(2) Covenants calculation after the impact of IFRS16 application

Breakdown by currency

Breakdown by currency

Breakdown by coupon

Breakdown by coupon

Average cost of debt (1)

Average cost of debt

Net financial position

Net financial position

(1) Average cost of debt is calculated on average gross debt  less cash at banks & deposits

Latest update: Thursday, December 17, 2020 - 10:44