Debt Overview

Oustanding gross debt (excl. lease liabilities)

Borrowings - 31 December 2022Interest rateMaturity dateAvailable amountDrawnUndrawnCovenants
Amortizing Term Loan Floating Sep-23 $348m $348m $0m EBITDA
interest coverage adj
≥ 4.5x

 Net Debt / EBITDA adj
≤ 3.5x
Totale - HMS Host Corp       $348m  
Amortizing Term Loan Floating Sep-23 €200m €200m €0m
Revolving Credit Facility Floating Sep-23 €500m €0m €500m
Total - Autogrill S.p.A. €200m €500m

Based on the nominal value of borrowings as of 31 December 2022

The chart includes committed lines facilities only

On 3 December 2021 the Group completed the refinancing of its overall indebtedness through a 5-year multi-currency, medium-long term cash financing agreement for a maximum total principal amount of one billion euros with a pool of primary banks, and simultaneously early repaid through the full reimbursement (i) the bilateral financing contracts and the financing contract backed by SACE guarantee in place for Autogrill S.p.A. and (ii) the bank loan and the two bonds in place for the subsidiary HMSHost Corporation.

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 outstanding and includes the costs of undrawn credit facilities


Latest update: Thursday, March 23, 2023 - 15:46